Question

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Find SP when = CP= Rs. 950, gain = 6%​

Answer 1

$\mathfrak{\huge{\underline{Answer:}}}$

Given That,

$\sf \: Cost \: Price = Rs \: 950$

$\sf \: Gain = 6 \%$

To Find S.P

Applying Formula :

$\sf \: S.P= C.P \times ( \dfrac{100 + Profit}{100} )$

$\sf \: SP = 950 \times ( \dfrac{100 + 6}{100})$

$\sf \: SP = 95 \cancel0 \times \dfrac{106}{10 \cancel0}$

$\sf \: SP = \cancel \dfrac{10070}{10}$

$\boxed{\boxed{Rs\:1007}}$

Answer 2

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$\longrightarrow$ Given :

Cost Price = Rs 950

Profit percentage = 6%

To find :

• Selling Price

For finding the SP , we need to find profit first.

Let the profit be x

Profit % = $\frac{Profit × 100}{Cost\:Price}$

$\implies$ 6 = $\frac{x × 100}{950}$

$\implies$ 6 × 950 = x × 100

$\implies$ 5700/100 = x

$\implies$ 57 = x

Selling Price = Profit + Cost Price

= 57 + 950

= 1007 Rs

Answer : Selling Price is Rs.1007

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