if cp is $9800,gain is 8% ,then what is sp
Answers
Answered by
3
Selling Price = $10584
Step-by-step explanation:
GIVEN
Cost Price = $9800
Gain = 8%
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TO FIND
Selling Price
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We know that,
Selling Price = ( 100 + Profit% ) × Cost Price / 100
Selling Price = ( 100 + 8% ) × 9800 / 100
Selling Price = 108 × 9800 / 100
Selling Price = 1058400 / 100
Selling Price = 10584
Selling Price = $10584
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IMPORTANT
If the profit percent is given and we have to find the selling price
Then
Selling Price = ( 100 + Profit% ) × Cost Price / 100
If the loss percent is given and we have to find the selling price
Then
Selling Price = ( 100 - Loss% ) × Cost Price / 100
When selling price and loss percent is give and we have to find the cost price
Then
Cost Price = ( Selling Price × 100 ) / ( 100 - Loss Percent )
When selling price and profit percent is give and we have to find the cost price
Then
Cost Price = ( Selling Price × 100 ) / ( 100 + Profit Percent )
Answered by
2
Answer:
s.p = rupees 10,584 . therefore
the selling price price is rupees 10584
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