Question

Find the SP when CP = ₹9600, gain = 16 2/3%

Answer 1

11200 is your answer

Answer 2

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CP = 9,600 RS

GAIN = 16 2/3 %

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2/3 = 0.67

16+0.66=16.67%

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ALWAYS REMEMBER !

GAIN OR LOSS IS ALWAYS MEASURED ON COST PRICE.....

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SO 16.67 % OF 9,600

9,600 * 16.67 /100

1600.32 rs

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SO GAIN IS 1600.32 RS...

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NOW ,

SP = CP + GAIN

SP = 9600 + 1600.32

SP = 11,200.32 rs

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HOPE IT WILL HELP U

THANKS !