Question

If cost price is 1200 rs and profit is 5% what is selling price

Answer 1

Given :-

Cost price = Rs 1200

Profit % = 5%

To find :-

Selling price = ?

Solution :-

Formula to find S.P when C.P and Profit% is given :-

= $\sf{ \dfrac{100 + profit\%}{100} \times cp}$

Substitute the given values :-

$\sf { \dfrac{100 + 5}{100} \times 1200}$

$= \sf{\dfrac{105}{100} \times 1200}$

S.P = Rs 1260

$\sf\red{Selling~price~=~Rs~1260}$

_______________

Some Formulas :-

▪

$S.P \: = \sf{\dfrac{cp(100 - l\%)}{100}sp=100}$

This formula is used to find selling price when cost price and loss percent is given.

▪

$C.P = \sf{\dfrac{(sp \times 100)}{100 + profit\%}}$

This formula is used to find cost price when selling price and profit percent is given.

▪

$C.P = \sf{\dfrac{(sp \times 100)}{100 - loss\%}})$

This formula is used to find cost price when loss percent and selling price is given.

▪ Gain (Profit) = SP - CP

▪ Loss = CP- SP

▪$Gain\% = \sf{\dfrac{gain \times 100}{cp}}$

▪ $Loss\% = \sf{\dfrac{loss \times 100}{cp}}$

Answer 2

Answer:

Formula to calculate cost price if selling price and profit percentage are given: CP = ( SP * 100 ) / ( 100 + percentage profit).

Formula to calculate cost price if selling price and loss percentage are given: CP = ( SP * 100 ) / ( 100 – percentage loss ).

Step-by-step explanation:

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