find the S.P. when:
C.P.=300, gain%=2%
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Answered by
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Answer:
S.P= 306 rupees
Step-by-step explanation:
C.P= 300 rupees
PROFIT%=2%
S.P= ?
PROFIT= 2/100*300
PROFIT= 6 rupees
S.P= C.P+PROFIT
300+6= 306 rupees
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Important Formulas to Calculate Profit and Loss
Element Formula
Selling Price (SP) (100+Gain/Profit × CP
Selling Price (SP) (100−Loss × CP
Cost Price (CP) 100/(100+Gain/Profit × Selling Price (SP)
Cost Price (CP) 100/(100–Loss × Selling Price (SP)
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