Question

find the selling price when:
(1) cost price = rs 9600, gain 16 2/3%

Answer 1

Cost price = 9600 , Gain percent = 16 2/3 , Selling price = ?

16 2/3 = 16 × 3 + 2/3

= 50/3

Selling price = 100 × gain percent/100 ×cp

= 100 × 50/3 / 100 × 9600

= 100×50/300 × 9600

= 150/300 ×9600

=1440000/300

=4800 Rs