Question

gold chain which cost rupees 24000 is sold at a profit of 11 % on the cost price find its selling price ​

Answer 1

Required Answer:

$\huge{\boxed{\tt{sp = ₹₹26640}}}$

Question:

Gold chain which cost rupees 24000 is sold at a profit of 11 % on the cost price find its selling price .

Given:

• C.P of Gold chain = ₹24000

• P% = 11%

Here:

• CP represents to → Cost Price
• SP represents to → Selling price
• P→profit made
• p%→profit percentage

To find:

• Selling price

Answer:

Using Direct formula:

Formula used:

$Sp=cp× \frac{100 + p\%}{100}$

Answer

→$Sp=24000× \frac{100 + 11}{100}$

→$Sp=24000× \frac{111}{100}$

→$Sp = 240 \times 111$

→$sp =26640✓$

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With out using Direct formula:

To find Sp first we have to find P

So to find Profit we have to take formula of p%:

→p%=(p×100)÷cp

Insert values of p% and cp

→11=(p×100)÷2400

→11×2400=p×100

→26400÷100=p

→p=2640

So now we can find Sp by using this formula:

p=Sp-Cp

264=Sp-Cp

2640+24000=Sp

Sp=₹26640✓

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best of luck!

:)

Answer 2

$\star\underline\mathtt\red{Question:}$

A gold chain that cost rupees 24,000 is sold at a profit of 11% on the cost price,then find the selling price.

$\star\underline\mathtt\blue{AnsWer:}$

$\sf\orange{Given:}$

• C.P=₹24,000
• Profit=11%

$\sf\pink{To\:find:}$

• The selling price (S.P)

A/Q

Selling Price=$\rm{C.P.×}\dfrac{100+P\%}{100}$(when there is profit)

Putting the values,

$\rm{⟾S.P.=24000}×\dfrac{100+11}{100}$

$\rm{⟾S.P.=}{24000}×\dfrac{111}{100}$

$\rm{⟾S.P.=}\dfrac{24000×111}{100}$

$\rm{⟾S.P.=240×111}$

$\rm{⟾S.P.=26,640}$

Therefore, Selling Price =$\rm{₹26,640}$

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Some more formulas:

•Profit=$\dfrac{Profit\%×CP}{100}$

•Loss=$\dfrac{Loss\%×CP}{100}$

→To find SP if CP and profit% or loss% is given:

•$\rm{S.P.=C.P.×}\dfrac{100+Profit\%}{100}$

•$\rm{S.P.=C.P.×}\dfrac{100-loss\%}{100}$

→To find CP if SP and profit% or loss% is given:

•$\rm{C.P.=}\dfrac{SP×100}{100+Profit\%}$

•$\rm{C.P.=}\dfrac{SP×100}{100-loss\%}$

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Hope it's helpful (◍•ᴗ•◍)