Question

What will be selling price, if cost price is Rs. 120 and gain is 35%?

Answer 1

Given,

• The cost price = Rs. 120
• Gain percent = 35 %

To find,

• The selling price

Solution,

We can simply find the selling price if cost price and gain percent is given by using the following formula:

    SP = (100 + gain%)/100 * CP

where SP is selling price, CP is cost price

Cost price = Rs. 120

Gain percent = 35 %

      Selling Price = (100 + 35)/100 * 120

                            = 135/100 * 120

                            = Rs. 162

Hence, if the cost price is Rs. 120 and the gain is 35%, then the selling price is Rs. 162.

Answer 2

Answer:

Selling price = Rs.162

Given problem:

What will be selling price, if cost price is Rs.120 and gain is 35%?

Step-by-step explanation:

Given cost price C.P = Rs.120

percentage of gain = 35%  

the formula for selling price   $S.P = \frac{C.P (100+P)}{100}$

                                                       $= \frac{120 (100+35)}{100}$  

                                                       $= \frac{12 (135)}{10}$  

                                                       = 12(13.5) = Rs.162