Find $C P$ when $S P = R s .40 .60$ , gain $= 16 %$ ?

R s .35

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R s .50

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R s .75

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R s .89

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Solution

The correct option is A: $R s .35$
Given: $C P = ?, S P = R s .40 .60$ , Gain $% = 16 %$
We know that $C . P = (\frac{100}{100 + g a i n %}) \times S . P$
$= \frac{100}{100 + 16} \times 40.60$
$= \frac{100}{116} \times 40.60$
$= \frac{25}{29} \times 40.60$
$= \frac{25 \times 40.60}{29}$
$= \frac{1015}{29} = 35$
$∴ C . P = R s . 35$

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Find CP when SP=Rs.40.60, gain =16%?

The correct option is A: Rs.35Given: CP=?,SP=Rs.40.60, Gain %=16% We know that C.P=(100100+gain%)×S.P=100100+16×40.60=100116×40.60=2529×40.60=25×40.6029=101529=35∴C.P=Rs. 35

Find $C P$ when $S P = R s .40 .60$ , gain $= 16 %$ ?