Question
Find the SP when:
C.P. = Rs. 9600, gain $=16\frac{2}{3}\%$
C.P. = Rs. 9600, gain $=16\frac{2}{3}\%$
✓
Answer
C.P. = Rs. 9600
Gain% $=16\frac{2}{3}\%$
$\therefore\text{S.P.}=\frac{\text{C.P}\times(100+\text{gain%})}{100}$
$=\frac{950\Big(100+\frac{50}{3}\Big)}{100}$
$=\frac{9600\times350}{100\times3}$
$=\text{Rs. }11200$
Gain% $=16\frac{2}{3}\%$
$\therefore\text{S.P.}=\frac{\text{C.P}\times(100+\text{gain%})}{100}$
$=\frac{950\Big(100+\frac{50}{3}\Big)}{100}$
$=\frac{9600\times350}{100\times3}$
$=\text{Rs. }11200$
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