Question

Find the S.P. when
(i) $C.P.=Rs.20;gain=10\%$

• A. Rs$12$
• B. Rs$22$
• C. Rs$42$
• D. None of these

Answer 1

The correct option is B Rs$22$

Given data,

$C.P=Rs.20$

$Gain=10$

We know that

$Gain\left(\%\right)=\frac{S.P-C.P}{C.P}\times 100$

$10=\frac{S.P-20}{20}\times 100$

$10=(S.P-20)\times 5$

$S.P-20=2$

$S.P=Rs.22$

Hence, this is the answer.