the difference of cp and sp is 225 and percentage of profit 15% find the sp of object?
Answers
Answer: 1725
Step-by-step explanation:
Since it is profit so selling price must be greater than cost price
So SP- CP= profit= 225.
Profit percent= 15%
Profit percent= (profit/CP)× 100
15= 225x100/ cp
CP= 22500/15
CP= 1500
SP= CP + profit
1500+225= 1725
SP= 1725
Put Rs in front of numbers.
☞Correct Question:
The difference of CP and SP is 225 and percentage of profit 15% find the SP of object?
☞Required Answer:
The SP of an object is 1725.
☞Given:
•The difference of CP and SP is 225.
•Profit = 15%
☞To Find:
SP of an object.
☞Solution:
We know that SP is always greater than CP whenever there is Profit.
=>Now,
SP - CP, Profit = 225
Profit = 15%
✒Formula used :
Profit percent = × 100
15 = × 100
CP = × 100
CP =
CP =
CP = 1500
Therefore, CP of an object is 1500
=>SP = CP + Profit
=> SP = 1500 + 225
=> SP = 1725
Therefore, SP of an object is 1725.