Question

If the cost price of an article is Rs 1600 and sold it at a gain of 15%, find its selling price

Answer 1

Answer:

Rs 1840 is the answer

Step-by-step explanation:

SP= (100 + gain%/100)*CP

SP= (100+15/100)*1600

SP= 115/100*1600

SP= 115*16 (100 and 1600 cancelled)

SP= 1840