Question

Find the selling price......
Cost price = 38500
Profit percentage = 4%​

Answer 1

Answer:

Hope it's helpful to you

Answer 2

➤ Given :-

Cost price :- ₹ 38500

Profit percentage :- 4%

➤ To Find :-

Selling price of the given sum...............

➤ Solution :-

First, we should find the value of the profit in numerical format by finding 4% of 38500.........

Profit :-

${\tt \longrightarrow 4 \bf\% \sf \: \: \: of \tt \: \: 38500}$

${\tt \longrightarrow \dfrac{4}{100} \times 38500}$

${\tt \longrightarrow \dfrac{4}{\cancel{100}} \times \cancel{38500} = \boxed{\tt 4 \times 385}}$

$\tt \longrightarrow \sf Rs \tt \: \: 1540$

Now,

Selling price :-

$\tt \longrightarrow 38500 + 1540$

$\tt \longrightarrow \sf Rs \: \: 40040$

$\Huge\therefore$The selling price of the given sum is ₹ 40040.

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$\dashrightarrow$ Some related formulas :-

Profit :- ${\boxed{\tt SP-CP}}$

Loss :- ${\boxed{\tt CP-SP}}$

Profit percentage :- ${\boxed{\tt\dfrac{Profit}{CP} \times 100}}$

Loss percentage :- ${\boxed{\tt\dfrac{Loss}{CP} \times 100}}$

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More to know..............

• Profit and loss are obtained for all shopkeepers in their shops. The profit is obtained when the selling price is greater than cost price. The loss is obtained when the cost price is greater than selling price. The profit and loss can also be converted into percentage format by some mathematical formulas.
• To convert the profit to percentage from, first we should divide the profit and cost price and then multiply by 100.
• To convert the loss to percentage form, first we should divide the loss and cost price and then multiply by 100.