Question

What will be the selling price of something if the cost price is ₹1875 and profit percent is 5%

Answer 1

Answer :-

Given :-

• Cost price = ₹ 1875
• Profit percentage = 5%

To Find :-

• Selling price

Solution :-

We know that,

$\implies\sf SP = CP \times \left(\dfrac{100 + P\%}{100}\right)$

Substituting the values in formula :-

$\implies\sf SP = 1875 \times \left(\dfrac{100 + 5\%}{100}\right)$

$\implies\sf SP = 1875 \times \left(\dfrac{105}{100}\right)$

$\implies\sf SP = \dfrac{1875 \times 105}{100}$

$\implies\sf SP = \dfrac{196875}{100}$

$\implies\sf SP = 1968.75$

Selling price = ₹ 1968.75