Question

find the c.p. when S.p. = rs 12 ; gain = 20 %

Answer 1

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Answer 2

S.p. = rs 12

gain = 20 %

c.p.  ?

we know that SP = [1 + p / 100 ] CP

Rs 12 = [1 + 20 / 100 ] CP

Rs 12 = [120 / 100 ] CP

Rs 12 * 100 / 120 = CP

Rs 10 ANS