Question

sp 7200, find cp if gain is 12%& find cp if loss is 12%

Answer 1

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Answer 2

Cp= 100/100+gain% * sp
= 100/100+12 * 7200
= 100/112 * 7200
=₹5000
therefore cp= ₹5000

cp= 100/100-loss% * sp
= 100/100 - 12 * 7200
= 100/88 * 7200
= ₹8181.8
therefore cp= ₹8181.8

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