Question

Find the SP when: cp=rs 950,gain =6%

Answer 1

SP = [100 + gain%/100] x cp
= [100 + 6]/100 x 950
= 1.06 x 950
= 1007 rs

Answer 2

Solution:-
Given :
CP = Rs. 950 Gain = 6 %
6 % of 950 Rs. + Rs. 950 = SP
(950*6)/100
Gain = Rs. 57
So, 
SP = CP + Gain
SP = 950 + 57
SP = RS. 1007
Answer.