find the SP when C P - 950, gain=6%
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Given:
Cost Price CP=Rs.950
Gain %= Profit %=6%
Consider the formula of Selling Price, SP.
SP=CP+CP×
100
6
=950+(950×
100
6
)
=950+57
SP= Rs. 1007
Hence, the required SP is Rs. 1007.
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