An item was bought for $R s 3600$ and sold at a profit of $11 %$ . Its $S P$ $=$ $. . . . . . . . . . . . . .$

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Solution

Given,
cost price of the item, $C P$ $=$ $R s 3600$
profit per cent, $p r o f i t %$ $=$ $11 %$
selling price of the item, $S P$ $=$ $. . . . . . . . . . . . . .$
Note :
We have the formula to find $S P$ , When $C P$ and $p r o f i t %$ is given ,
i.e. $S P$ $=$ $\frac{C P (100 + p r o f i t %)}{100}$
$S P$ $=$ $\frac{3600 (100 + 11)}{100}$
$S P$ $=$ $\frac{3600 (111)}{100}$
$S P$ $=$ $\frac{399600}{100}$ ( divide $399600$ by $100$ , we get $3996$ )
$S P$ $=$ $3996$ .
Therefore, the answer for given blank is $R s 3996$ .

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