Question

An article is bought for Rs. 140 and sold at a 20% gain. Find SP

Answer 1

Dear student,

given
cost price of the article = 140 Rs
Gain % = 20 %
using the formula SP = $\frac{(100+gain\%)}{100}\times CP$
SP = $\frac{100+20}{100}\times 140$
SP = $\frac{120}{100}\times 140$

SP = 1.20 *140

SP = 168 Rs

Regards