Question

the cost price of an object is rupees 2100 what is the selling price if it is sold with a profit of 10%​

Answer 1

Answer:

cp=2100

profit=10%

sp= cp×(100+p%/100)

2100×(100+10/100)

2100×110/100

21×110

2310

Answer 2

The selling price of the object would be Rs. 2310 if its cost price is 2100 and it is sold for a 10% profit.

Given,

Cost price, CP = Rs. 2100

Profit, P = 10%

To Find,

Selling price, SP

Solution,

This problem can be solved using a very simple method.

We have been given the cost price, CP, of an object. Also, it is said that the object is being sold for a profit, P

We have to find the selling price, SP, of the object.

The simple relationship between cost price, selling price, and profit is mathematically denoted by the following formula:

$SP = CP(\frac{100+P}{100})$

Substitute the given values of the cost price and profit in the above equation to get the required value of the selling price.

$\implies SP = 2100 \hspace{0.1cm} (\frac{100+10}{100})\\\\\implies SP = 2100 \hspace{0.1cm} (\frac{110}{100})\\\\\implies SP = 2100 \times 1.1\\\\\implies SP = 2310$

Therefore, the selling price of the object would be Rs. 2310.

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