Question

find the s. p of an object for which c. p ₹700 and gain =5 %​

Answer 1

Answer:

cp=700

profit=700×5/100=45

sp=745

Answer 2

Solution:-

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$\large\to{\underbrace{\underline{\sf{Understanding\:the\:concept:-}}}}$

$\implies$ Here it is given in the question that the cost price of an object is ₹700 and profit made by the seller is 5% respectively. Now, the question has asked us to find out the selling price of the object. So, to find the selling price we simply need to apply the formula of selling price when profit% is given and we will get the answer.

ANSWER:-

⪼ The selling price is ₹735.

GIVEN:-

➤ Cost price = ₹700

➤ Profit % = 5%

TO FIND:-

⟿ Selling price = ?

FORMULA:-

✯ SP when Profit Percent is given = (100 + Profit % / 100)× CP

SOLVING BY APPLYING THE FORMULA:-

➤ Cost price = ₹700

➤ Profit % = 5%

✯ SP when Profit Percent is given = (100 + Profit % / 100)× CP

• Finding the selling price:-

➲ Selling price = (100 + 5 / 100)× 700

➲ Selling price = (105 / 100)× 700

➲ Selling price = 105 / 100 × 700

➲ Selling price = 105 × 700 / 100

➲ Cancelling the zeros.

➲ Selling price = 105 × 7 / 1

➲ Selling price = 105 × 7

➲ Selling price = 105 × 7 = 735

➲ Selling price = ₹735

Thus, we got the answer. The selling price is ₹735.

${\underline{\boxed{\large{\mathscr{\:All\: Formulae\:of\:Profit\:And\:Loss\:}}}}}$

1. Profit = (SP > CP) = SP - CP
2. Loss = (CP > SP) = CP - SP
3. Profit% = (Profit × 100 / CP)%
4. Loss% = (Loss × 100 / CP)%
5. SP when Profit Percent is given = (100 + Profit % / 100)× CP
6. CP when Profit Percent is given = (SP × 100 / 100 + Profit %)
7. SP when Loss Percent is given = (100 - Loss / 100)× CP
8. CP when Loss Percent is given = (SP × 100 / 100 - Loss)

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