Question

Find the selling price, if :
$C.P.=Rs.500$ and gain$=25\%$

Answer 1

Given,

To find out the selling price.

Where cost price(C.p)$=500$ Rs. & gain $=25\%$ as we know that,

Selling price(S.P)$=\left[\frac{100+Gain\%}{100}\right]\times$ Cost price (C.P)

We get here,

$S.P=\left[\frac{100+25}{100}\right]\times 500$

$=\frac{125}{100}\times 500$

$\Rightarrow 125\times 5$

$\Rightarrow 625$

$\therefore$ Selling price $=625$ Rs.