Question

find the cost price when SP equal to rupees 999 profit equal 11%​

Answer 1

Answer:

Cost price is 900 rupees

FORMULA

CP = SP × 100/ 100 + Profit%

Answer 2

Given:

✰ Selling Price (S.P.) = Rs 999

✰ Gain% = 11%

To Find:

✠ Cost Price (C.P.).

Solution:

Cost Price:

✐ The price for which a commodity, a good or an article is purchased is called the cost price.

• In short form the cost price is written as C.P.

Here in this question, we will simply use the formula to calculate the cost price. Putting the values in the formula and then doing the required calculations.

Formula used to find C.P. when S.P. and gain percent are given:

✭ C.P. = 100/( 100 + gain% ) × S.P. ✭

Putting the values in the formula, we have:

➤ C.P. = 100/100 + 11 × 999

➤ C.P. = 100/111 × 999

➤ C.P. = 100 × 9

➤ C.P. = Rs. 900

∴ The cost price is Rs. 900.

More Formulae:

S.P. when C.P. and gain% are given

• S.P. = ( 100 + gain% )/100 × C.P.

S.P. when C.P. and loss% are given

• S.P. = ( 100 - loss% )/100 × C.P.

C.P. when S.P. and loss% are given:

• C.P. = 100/( 100 - loss% ) × S.P.

• Profile = S.P. - C.P.

• Loss = C.P. - S.P.

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