Question

find the cp sp is = 756 gain is 8% ans is 700

Answer 1

hope you it is helpful for you

Answer 2

SP = (100 + GAIN percentage)

___________________ x CP

100

756 = (100 + 8)

______ x CP

100

756 = 108 27

___ x CP =756 = __ x CP

100 25

27CP = 756 x 25

27CP = 18,900

CP = 700.