Question

Find the selling price if:
C.P=Rs425. Profit=12%

Answer 1

Step-by-step explanation:

Let the selling price (S. P.) be x.

$\therefore \: profit = sp - cp \\ \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: = x - 425 \\ \because \: profit \: \% \: = \frac{profit}{cp} \times 100 \\ \therefore \: 12 = \frac{(x - 425)}{425} \times 100 \\ \therefore \: 12 \times 425= (x - 425) \times 100 \\ \therefore \: 5100= 100x - 42500 \\ \therefore \: 5100 + 42500= 100x \\ \therefore \:100x = 47600 \\ \therefore \:x = \frac{47600}{100} \\ \huge \boxed{\red{\therefore \:x = 476}}$

Hence, selling price is ₹ 476.

Answer 2

C.P of the cycle = Rs425

Profit = 12% of C.P

= 12% of Rs425

= 12/100 × Rs425 = Rs51

• S.P. = C.P + Profit

=RS (425 + 51) = Rs 476