Question

find the sp when cp is rs 80 and gain is 20%

Answer 1

Step-by-step explanation:

CP = ₹ 80,

Gain percent = ₹ 20%

$\therefore \: Gain = 20 \% \: of \: 80 \\ = \frac{20}{100} \times 80 \\ = Rs \: 16 \\ \because \: SP = CP + Gain \\ \therefore \: SP =80 + 16 \\ =Rs \: 96$

Thus SP is Rs. 96.

Answer 2

The selling price is Rs 96

Solution:

Given that,

Cost price = Rs 80

Gain = 20 %

To find: Selling price

The formula used is:

$SP = \frac{ 100 + profit \% }{100} \times CP$

Substituting the values in formula,

$SP = \frac{ 100 + 20 }{100} \times 80\\\\SP = \frac{120}{100} \times 80\\\\SP = 96$

Thus selling price is Rs 96

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