Find SP when CP RS 500 and gain 10%
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Given,
To find out the selling price.
Where cost price(C.p)=500 Rs. & gain =25% as we know that,
Selling price(S.P)=[
100
100+Gain%
]× Cost price (C.P)
We get here,
S.P=[
100
100+25
]×500
=
100
125
×500
⇒125×5
⇒625
∴ Selling price =625 Rs.
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