Question

Find selling price when:
CP: Rs $500$, profit = $82$
CP = Rs $1,270$, loss = Rs. $13$

Answer 1

As we know that,

Profit $=$ Selling price $-$ Cost price

$\Rightarrow$ Selling price $=$ Cost price $+$ Profit

Loss $=$ Cost price $-$ Selling price

$\Rightarrow$ Selling price $=$ Cost price $-$ Loss

• 
  
• Given:-
  

Cost price $=Rs.500$

Profit $=Rs.82$

Therefore,

Selling price $=500+82=Rs.582$

Again,

• 
  
• Given:-
  

Cost price $=Rs.1270$

Loss $=Rs.13$

Therefore,

Selling price $=1270+13=Rs.1283$