Question

Find the sell price when cost price is 950,profit is 6% and next is cost is 9600, profit is 50/3​

Answer 1

Answer:

Cost Price = 9600

Gain = 50/3 %

FINDING GAIN -

Gain % on Cost Price.

9600 x 50/3 % = 1600

Gain = 1600

FINDING SELLING PRICE -

Selling Price = Cost Price + Profit

Selling Price = 9600 + 1600

Selling Price = 11200

Hence :

\bold{Selling \: Price \: = \: Rs \: 11,200}SellingPrice=Rs11,200

Answer 2

Answer:

Given:

Cost Price CP=Rs.950

Gain %= Profit %=6%

Consider the formula of Selling Price, SP.

SP=CP+CP×

100

6

=950+(950×

100

6

)

=950+57

SP= Rs. 1007

Hence, the required SP is Rs. 1007