Question

please can anyone tell me why we have used "if cp is 100 then sp is 105" please tomorrow is my test nad also give me the explanation​

Answer 1

because formula for sp is

SP = CP (1+gain %/100)

if your profit is 5 % and cp is 100 then after solving it. you will get 105 as sp

here is solution

SP = 100 ×(1+5/100)

= 100 ×(105/100)

100×105/100

105 IS SP

HOPE YOU UNDERSTAND IT FOLLOW ME IN RETURN TO THIS

Answer 2

Answer:

It is a formula S.P = 1×(100+5)