Question

find the sp when cp=rs380 and gain=2 1/4%

Answer 1

ANSWER

CP= ₹380

GAIN= 9/4%

SP=?

SP= CP×(100+PROFT% /100 )

SP= 380×(100+ 9/4/100)

SP= 380×(409/4/100)

SP= 380×(409/400)

SP= 388.55

HENCE, SP IS ₹ 388.55

HOPE THIS HELPS YOU