Find the selling price, if : (i) C.P. = Rs. 950 and profit = 8% (ii) C.P. = Rs. 1,300 and loss = 13%

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Solution

(i) C.P. = Rs. 950 Profit = 8%
$∴ S . P . = \frac{950 \times (100 + 8)}{100} = \frac{950 \times 108}{100} = 19 \times 54$
= Rs. 1026
(ii) C.P. = Rs. 1,300 Loss = 13%
$∴ S . P . = \frac{1300 \times (100 - 13)}{100} = 13$ \times 87 = Rs. 1131

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Find the selling price, if : (i) C.P. = Rs. 352; overheads = Rs. 28 and profit = 20%. (ii) C.P. = Rs. 576; overheads = Rs. 44 and loss = 16%.

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