Question

find the selling price. cp= $ 2500, Gain = 5 1/2 %​

Answer 1

Answer:

SP = ₹ 2637.5

Step-by-step explanation:

GIVEN :

CP = ₹ 2500

Profit % = 5 1/2 = 11/2 % = 5.5 %

TO FIND :

SP = ?

SOLUTION :

Profit % = Profit / CP * 100

5.5 = P / 2500 * 100

5.5 = P / 25

5.5 * 25 = P

137.5 = P

Profit = ₹ 137.5

Now ,

SP = CP + Profit

= ₹ 2,500 + ₹ 137.5

= ₹ 2637.5

Thus , The selling price is ₹ 2637.5