Question

find sp when purchese price =1475 , overhead expenses =25 , loss = 6 1/3%​

Answer 1

Answer:

SP = 1405

Step-by-step explanation:

Purchase price = 1475

Overhead expenses = 25

CP = Purchase price + Overhead expenses

=> CP = 1475 + 25

=> CP  = 1500

Loss = 6$\frac{1}{3}$%

        = (19/3)%

Loss% = 100*(Loss/CP)

=> 19/3 = 100*(Loss/1500)

=> 19*1500 = 3*100*Loss

=> 19*15 = 3*Loss

=> Loss = (19*15)/3

=> Loss = 95

Now,

Loss = CP - SP

=> 95 = 1500 - SP

=> SP = 1500 - 95

=> SP = 1405

Answer: Selling Price (SP) = 1405

Answer 2

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