Question

Ihuoma bought a bale of cloth for 8000. She made a profit of 10%. Find the selling price.

Answer 1

Given :

• Cost Price = Rs.8000
• Profit % = 10 %

To Find :

• Selling Price = ?

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SolutioN :

$\dag$ Formula Used :

• ${\underline{\boxed{\pmb{\sf{ Selling \; Price = \bigg\lgroup \dfrac{100 + Profit \; \%}{Cost \; Price} \bigg\rgroup \times 100 }}}}}$

$\dag$ Calculating the Selling Price :

${\dashrightarrow{\qquad{\sf{ Selling \; Price = \bigg\lgroup \dfrac{100 + Profit \; \%}{100} \bigg\rgroup \times Cost \; Price }}}} \\ \\ \\ \ {\dashrightarrow{\qquad{\sf{ Selling \; Price = \bigg\lgroup \dfrac{100 + 10}{100} \bigg\rgroup \times 8000 }}}} \\ \\ \\ \ {\dashrightarrow{\qquad{\sf{ Selling \; Price = \bigg\lgroup \dfrac{110}{110} \bigg\rgroup \times 8000 }}}} \\ \\ \\ \ {\dashrightarrow{\qquad{\sf{ Selling \; Price = \dfrac{880000}{100} }}}} \\ \\ \\ \ {\dashrightarrow{\qquad{\sf{ Selling \; Price = \cancel\dfrac{880000}{100} }}}} \\ \\ \\ \ {\qquad \; \; {\dashrightarrow \; {\underline{\boxed{\pmb{\sf{ Selling \; Price = Rs. \; 8800 }}}}}}} \; {\orange{\pmb{\bigstar}}}$

$\therefore \;$ Selling Price of the Cloth is Rs.8800 .

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