Question

Sudhir bought an almirah for rupees 13600 and spent rupees 1150 on its repair. Then he sold it at a gain of 5 %. How much did he get

Answer 1

total cost price(cp)=13600+1150=14750
gain(g)=5%
selling price(sp)= cp(100+g)/100
=14750(100+5)/100
=1475*105/10
=154875/10
=15487.50
gain = sp-cp
=15487.50-14750
=737.50

Answer 2

cost price =CP =13600+1150=14750

gain(Profit) = G =5%

SP= CP(100+G)/100

=14750(100+5)/100

=1475 X 105/10

= 1475 X 10.5

=15487.50
----------------------------------------------------
gain = sp - cp 

=15487.50-14750

=737.50