Find the S.P when C.P =1000, loss = 21/4%

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Solution

To find SP when loss % and CP are given

CP (100 - L%)
SP = ------------------
100

here it is given that
C.P=1000
Loss=21/4%

Hence=1000(100-(21/4)
-----------------------
100

=1000(379/4)
-------------------
100
=3790/4
=947.5Rs

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C.P.

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% = 11 \frac{1}{5} %

Find the gain or loss per cent when :

(i) C.P =Rs. 620 and S.P =Rs. 713

(ii) C.P =Rs. 675 and S.P =Rs. 630

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