Question

find the SP when:
1) CP = 950, gain =6%
2) CP =1540, loss = 4%​

Answer 1

Answer:

Q no.1 Ans. 12/19 %

Q no. 2 Ans. 20/77 %

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Answer 2

Question (1)

• Cp = 950
• Gain = 6%

Solution (1)

We know that,

SP = 100 + Gain% / 100 × CP

Now substitute the values :-

↦ SP = 100 + 6 / 100 × 950

↦ SP = 106 / 100 × 950

↦ SP = 1.06×950

↦ SP = 1007

■ Hence, Selling price is ₹1007.

Question (2)

• CP = 1540
• Loss = 4%

Solution (2)

We know that,

SP = 100 - Loss% / 100 × CP

Now, substitute the values :-

↦ SP = 100 - 4 / 100 × 1540

↦ SP = 96 / 100 × 1540

↦ SP = 0.96 × 1540

↦ SP = 1478.4

■ Hence, Selling price is ₹1478.4.