Question

If cp= 2960 loss =5% find sp

Answer 1

Answer:

GIVEN:

CP=₹2960.

Loss=5%

RTF:

SP.

SOLUTION:

We can use this formula:

$SP=\frac{(100-loss\%)}{100} \times CP$

It is a direct substitution.

$SP=\frac{(100-5)}{100} \times 2960$

$SP=\frac{95}{100} \times 2960$

$SP=\frac{281200}{100}$

$SP=2812\: Rs.$

THUS SP IS 2812₹.