Find the selling price (s.p) If $5 %$ profit is gained on selling a cycle of $R s 750.$

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Solution

$M P = 750$

$S P = M P + P r o f i t % \times M P$

Hence, $S P = 750 + \frac{5}{100} \times 750 = 750 (1 + \frac{5}{100}) = 750 \times (\frac{105}{100}) = R s 787.5$

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Similar questions

Find the selling price if a profit of $5 %$ is made on a cycle of $R s . 700$ with $R s . 50$ as overhead charges.

Find the selling price if the profit is 5%

a) a cycle of rupees 700 with rupees 50 as overhead charge

R s 750

10 %

5 %

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