# Find the selling price.a. CP=√Ę‚Äö¬Ļ 2500, Gain $= 5\frac{1}{2}$%b. CP=√Ę‚Äö¬Ļ 2850,¬† loss $=15$%

Given :

a. Cost Price = 2500‚āĻ ; Gain  $= 5\frac{1}{2}$%

b. Cost Price = 2850‚āĻ , Loss = 15 %

To find :

We have to find the selling price.

Solution :

a.) Cost Price = 2500‚āĻ

Gain   $= 5\frac{1}{2}$% ‚Ää

Profit $= \frac{profit \ percentage}{100} \times Cost price$

Profit $= \frac{5 \frac{1}{2}}{100} \times 2500$

$= \frac{\frac{5\times2 + 1}{2}}{100} \times 2500$

$= \frac{\frac{11}{2}}{100} \times 2500$

$= \frac{11}{200} \times 2500$

Profit $= 137.5 ‚āĻ$

Selling price $= Cost price + Profit$

Selling price $= 2500 + 137.5$

Selling price = 2637.5‚āĻ

Selling price is 2637.5 ‚āĻ

b). Cost Price = 2850‚āĻ

Loss = 15 %

Loss amount $=\frac{Loss \ percentage}{100} \times Cos price$

Loss amount $=\frac{15}{100} \times 2850$

Loss               $= 427.5 ‚āĻ$

Selling price $=Cost price - loss$

Selling price $= 2850 - 427.5$

Selling price $=2422.5 ‚āĻ$

Selling price is 2422.5‚āĻ.

Updated on: 10-Oct-2022

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