if cost price is 350 ,then selling price is ? if loss % is 10% ,then loss is
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Profit = Rs. 350
Profit % = 10%
Find SP = ? ; CP = ?
Solution :
Profit % = ( Profit / CP ) * 100
10 % = ( 350 / CP ) * 100
CP * 10 = 350 * 100
CP = 35000 / 10
=> CP = Rs. 3500
Profit = SP - CP
Rs. 350 = SP - Rs. 3500
=> SP = Rs. 3500 + Rs. 350
=> SP = Rs. 3850
Hence the Cost price is Rs. 3500 and the Selling Price is Rs. 3850.
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