Question

Find the S.P C.P. =40; profit = 20%

Answer 1

Answer: The selling price is 48Rs when the Cost price is 40Rs and the profit is 20%

Step-by-step explanation:
The formula to find the selling price is
Selling price= Cost price × (100+gain%)/100

∵SP= CP x (100+gain%) /100

Here,

Given CP=40 and profit=20%

Then,

SP=40x120/100

    =4x12

∴SP =48

Hence, the selling price is 48Rs


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