Question

Shivani buys an article
for 2600 and spends
some amount on its repait
If she sells it for 1900 she
losses 4%. At what price
should she sell it to gain​

Answer 1

Answer:

The cost price formula

Simply add together the labor cost, the components cost, the tools cost, the marketing costs and the overhead cost

Step-by-step explanation:

SP = {(100 + Gain %)/100} x CP

SP = {(100 – Loss %)/100} x CP

SP = CP + Profit

SP = CP – loss

C.P – Cost Price

S.P – Selling Price

If S.P> C.P = Gain

If S.P < C.P =Loss

Note: The Profit and loss percentage is another important fact to be known for calculating the S.P

Example Problem Using the Formula of Selling Price

Problem: A seller sells a washing machine at a cost price of Rs 15000 with a profit of 20%. Calculate the price at which the customer will purchase it. And also, find profit earned by the shopkeeper.

Solution:

C.P = Rs 15000

Profit % = 20%

Profit = C.P x profit %

Profit = 15000 X 20/100

Profit = Rs 3,000

Selling price = Profit + C.P

= Rs 3000 + Rs 15,000 = Rs 18,000

So, the amount payable by the customer to the seller = Rs 18,000

Answer 2

Step-by-step explanation:

I hope that's helping you,

please vote me and give me thanks okk