Question

find the sp of an article if the cp is 950 and the gain is 15 1/2​

Answer 1

Step-by-step explanation:

Cost Price CP=Rs.950

Gain =15 1/2

Consider the formula of Selling Price, SP.

SP=CP+CP× 15 1/2

=950+(950× 15 1/2)

=950+31/2

SP= Rs. 965.5

Hence, the required SP is Rs. 965.5

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