Question

Find the s.p if c.p=620and profit is 12%

Answer 1

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STEP TO STEP EXPLANATION :

GIVEN THAT C.P = ₹ 620

P = 12 %

♤ STEP 1 - CALCULATE TOTAL PROFIT

WE KNOW THAT,

P % =

$\frac{p }{cp} \times 100$

$12 = \frac{p}{620} \times 100$

P = ₹ 74 . 4

WE ALSO KNOW THAT

$p = sp \: - cp$

SP = 74.4 + 620

SP = ₹ 694.4

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