Question

(ii) SP = 1755, gain = 12 1/2 %​

Answer 1

Answer:

s.p = Rs1755

gain = g = 12 1/2% = 25/2 %

c.p = ?

c.p = ( s.p × 100 ) / ( 100 + g )

= ( 1755 × 100 ) / ( 100 + 25/2 )

= ( 1755 × 100 × 2 ) / ( 200 + 25 )

= ( 1755 × 200 ) / 225

= ( 1755 × 8 ) / 9

= 195 × 8

= Rs 1560

Therefore ,

c.p = Rs 1560