Find the SP when CP = Rs 1580 and gain % = 2%
SreekanthK:
Can u clarify the question? what u mean by SP and CP?
Answers
Answered by
4
Cost Price =Rs 1580 Gain = 2 %
We solve by unitary method
If C.P. is Rs 100 then S.P. is Rs 102
If C.P. is Rs 1 then S.P. is Rs 102/100
If C.P. is Rs 1580 then S.P. is Rs 102/100 × 1580 = Rs 1611.60
So to make a gain of 2 % it must be sold at Rs 1611.60
We solve by unitary method
If C.P. is Rs 100 then S.P. is Rs 102
If C.P. is Rs 1 then S.P. is Rs 102/100
If C.P. is Rs 1580 then S.P. is Rs 102/100 × 1580 = Rs 1611.60
So to make a gain of 2 % it must be sold at Rs 1611.60
Answered by
5
SP = CP + gain
gain = CP*gain% / 100
gain = 1580*2/100
gain = 31.6
SP = 1580+31.6
SP = 1611.6
gain = CP*gain% / 100
gain = 1580*2/100
gain = 31.6
SP = 1580+31.6
SP = 1611.6
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