if the Mp of an item is 10% above the CP , find the SP of the item if the dealer wants to earn profit of 4% on item marked at Rs.550
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Given
Mrp=550
Mrp =10% above the cp
Then
Cp=mrpx100/(100+above charge)
Cp=550x100/110
Cp=₹500
Now he wants to earn 4% profit
Sp=cpx(100+profit %) /100
Sp=500x104/100
Sp=₹520
This is ur ans hope it will help you in case of any doubt comment below
Mrp=550
Mrp =10% above the cp
Then
Cp=mrpx100/(100+above charge)
Cp=550x100/110
Cp=₹500
Now he wants to earn 4% profit
Sp=cpx(100+profit %) /100
Sp=500x104/100
Sp=₹520
This is ur ans hope it will help you in case of any doubt comment below
omniscellulaece:
I can't understand the statement bcz books me yhi likha h
with this statement my ans is right
If the mrp is 5500 then ans will be plz help
5200
This is sp
ya
Bt books me ans 5600 aarha h
wait
no ans it 5200
is
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