Question

Sp of an itemfor which cp rs 750 and gain %is 8%

Answer 1

Answer:

the answer is Rs 810

Step-by-step explanation:

cost price(CP) of the item is given as Rs750

Gain or profit % is given as 8%

Let the Selling price (SP) be x

therefore we know that

$profit \: = SP - CP$

and profit% =

$\frac{ profit}{ CP} \times 100$

therefore, according to the question

$profit \: = SP - CP \\ = x - 750$

profit% =

$\frac{profit}{CP} \times 100 \\ 8 = \frac{x - 750}{750} \times 100 \\ 8 = \frac{x - 750}{15} \times 2 \\ \frac{8}{2} \times 15 = x - 750 \\ 4 \times 15 = x - 750 \\ 60 = x - 750 \\ 60 + 750 = x \\ 810 = x$

therefore the SP is Rs 810