Question

The cost price of a cricket bat is 875 ruppees and gain percent is 5%. Find the selling price. pls i want step by step solutions\

Answer 1

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Cost price of bat =Rs.800

Selling price of bat=Rs.1600

Profit = Selling price - Cost price =800

Hence,

Profit %= 800/800 ×100=100%

Answer 2

Given:

The cost price of a cricket bat is 875 rupees and the gain per cent is 5%

To Find:

Find the selling price

Solution:

We are given the cost price of a cricket bat that is Rs875 and says that it incurred a 5% gain and we need to find the selling price, to find the selling price first, we should know the formula for gain% that is,

$Gain\%=\frac{SP-CP}{CP}*100$

where,

          SP= selling price

          CP= cost price

Now put the given values to find the value of selling price that will be,

$Gain\%=\frac{SP-CP}{CP}*100\\5=\frac{SP-875}{875} *100$

Now cross multiplying both sides,

$4375=100SP-87500\\SP=918.75$

Hence, the selling price of the cricket bat is Rs918.75.