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Find the selling price if the cost price is $560 and the gain is 15% on cost

User Luiz Alves
by
6.0k points

2 Answers

4 votes

Answer: 644

Explanation:

plz follow my format

cp percent multiplayer sp

560 +15 115/100

sp = 560 *115/100= 644

User Anzil KhaN
by
6.0k points
1 vote

Answer:

Given :

  • Cost Price = $560
  • Gain % = 15%

To Find :

  • Selling Price

Using Formula :


{\star{\small{\underline{ \boxed{\sf{\purple{Selling \: Price = (100 + Profit \%)/(100) * Cost \: Price}}}}}}}

Solution :

Finding the selling price by substituting the values in the formula :


{\dashrightarrow{\small{\sf{Selling \: Price = (100 + Profit \%)/(100) * Cost \: Price}}}}


{\dashrightarrow{\small{\sf{Selling \: Price = (100 + 15)/(100) * 560}}}}


{\dashrightarrow{\small{\sf{Selling \: Price = (115)/(100) * 560}}}}


{\dashrightarrow{\small{\sf{Selling \: Price = \cancel{(115)/(100)} * 560}}}}


{\dashrightarrow{\small{\sf{Selling \: Price = 1.15 * 560}}}}


{\dashrightarrow{\small{\sf{Selling \: Price = \$644}}}}


{\star{\small{\underline{\boxed{\sf{\red{Selling \: Price = \$644}}}}}}}

  • Hence, the selling price is $644.
User Dana Shalev
by
6.6k points