If CP = Rs. 950 and gain 6 %, then SP = - Vidyadip

MCQ

If $CP = Rs. 950$ and gain $6\%$, then $SP =$

A
$Rs. 1100$
B
$Rs. 1117$
✓
$Rs. 1107$
D
$Rs. 1170 $

✓

Answer

Correct option: C.

$Rs. 1107$

Let the $SP$ be $x.$
$CP = Rs. 950$
Gain $= 6\%$
Therfore, $SP$ is more than $CP.$
Now,
Gain $= 6\%$ of $CP$
$=\frac{6}{100}\times950$
$= 3 \times 19$
$= 57$
Thus, $SP = CP +$ gain
$= Rs. 950 + Rs. 57$
$= Rs. 1007$
Hence, the correct option is $(c).$

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Explore more

More "M.C.Q. [1 Marks Each]" from Comparing Quantities→Comparing Quantities — all question types→MATHS STD 7 question papers→Gujarat Board STD 7 question papers→Gujarat Board question paper generator→

Similar questions

The smallest fraction which should be subtracted from the sum of $ \text{1}\frac{3}{4}, \text{2}\frac{1}{2}, \text{5}\frac{7}{12}, \text{3}\frac{1}{3},$ and $ \text{2}\frac{1}{4}$ to make the result a whole number, is $.......$

If two angles are formed on a straight line, then what may be the combination of angles$?$

Which of the following is not equal to $1$?

Mark $(\checkmark)$ tick against the correct answer in the following: $\Big(\frac{1}{2}\Big)^{-2}+\Big(\frac{1}{3}\Big)^{-2}+\Big(\frac{1}{4}\Big)^{-2}=?$

If $\sqrt{\sqrt{2500}+\sqrt{961}}=(\text{x})^2,$ then x equals.

Which one of the following is not true?

Mark $(\checkmark)$ against the correct answer in the following:The product of two numbers is $\frac{-1}{6}$ If one of them is $\frac{-5}{8}$ the other number is:

The coefficient of $x^2$ in $-\frac53\text{x}^2\text{y}$ is equal to:

Find the value of the expression 3x + 5 (x – 2) for $x = 2$

Choose the rational number which does not liebetween rational numbers $-\frac{2}{5}$ and $-\frac{1}{5}$