Question

The cost of a radio is Rs 1000. Sale tax charged at the rate of 10 percentage . The selling price is​

Answer 1

Answer:

1100 is the answer

Step-by-step explanation:

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Answer 2

Selling Price = ₹1100

Step-by-step explanation:

GIVEN

Cost Price = ₹1000

Percent = 10%

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TO FIND

Selling Price

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We know that,

Selling Price = ( 100 + Profit% ) × cost price / 100

Selling Price = ( 100 + 10% ) × 1000 / 100

Selling Price = 110 × 1000 / 100

Selling Price = 110000 / 100

Selling Price = 1100

Selling Price = ₹1100

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IMPORTANT

If the profit percent is given and we have to find the selling price

Then

Selling Price = ( 100 + Profit% ) × cost price / 100

If the loss percent is given and we have to find the selling price

Then

Selling Price = ( 100 - Loss% ) × cost price / 100