Question

Irfan buys a camera for 4500 and sells it at a profit of 15%. Find the selling price of the camera.
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Answer 1

Answer:

Rs. 5175

Step-by-step explanation:

Given that Irfan buys a camera for Rs. 4500 and sells it at a profit of 15%. Here, the cost price of the camera is Rs. 4500 and profit% is 15%.

We need to find out the selling price of the camera.

Formula Used: P% = P/CP × 100

(Here, P% is profit% having value 15%, P is profit, CP is cost price having value Rs. 4500.)

Substitute the values,

=> 15 = P/4500 × 100

=> 15 = P/45

=> P = 15(45)

=> P = Rs. 675

Therefore, the profit is Rs. 675.

From above we have the value of profit i.e. Rs. 675 and cost price is Rs. 4500. And we know that the difference between the selling price and cost price is profit.

Formula used: P = SP - CP

Substitute the values,

=> 675 = SP - 4500

=> SP = 675 + 4500

=> SP = Rs. 5175

Therefore, the selling price of the camera is Rs. 5175.

Answer 2

Step-by-step explanation:

➲ Given :

• Irfan buys a camera for 4500 and sells it at a profit of 15%. Find the selling price of the camera.

➲ To find :

• The selling price of the camera.

➲ Solution :

Given,

• Cost Price (CP) = Rs. 4500
• Profit = 15%
• Selling Price (SP) = ?

✦ As we know,

SP = (100 + Profit %) × CP

✦ Putting Values,

↬ SP = (100 + 15/100) × 4500

↬ SP = 115/100 × 4500

↬ SP = 5175 Rs.

Hence, the selling price of the camera is Rs. 5175.