Question

the cost of a bedsheet is ruppees 550. Increment is 10%.. Find the price after increment​

Answer 1

As per the data given in the question,

We have to determine the cost of bedsheet after increment.

As per data,

It is mentioned that,

Cost of bedsheet = Rs. 550

Increment = 10%

As we know that,

Increment will always be on the cost price.

So, new price of bedsheet will be (100+10)% of the actual price, after increment of 10%.

So, new cost of bedsheet will be,

$110\%\:of\:550 = \frac{110}{100}\times 550\\=> Rs.\:605$

Hence, cost of bedsheet after increment will be Rs 605.

Answer 2

In the above question, it is given that,

The cost price of bedsheet initially is $Rs 550$

The price is increased by $10$%,

We have to find the price of bedsheet increased by 10%,

Thus the price increased by 10% i.e.

$=\frac{10}{100} \\=0.1$

Further, multiply the price of bedsheet to get the 10% of it,

$=550*0.1\\=55$

So the additional 10% i.e. 55Rs will be added to the initial amouut of bedsheet,

Therefore the Price after increment will be

$=550+55\\=605$

Hence the Price after increament is Rs$605.$