Find the SP when : CP = 450 , Profit = 7%

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Solution

Given $C P = 450,$ Profit $= 7 %$
As we know that
$P r o f i t = \frac{S P - C P}{C P} \times 100$
$⟹ \frac{7}{100} = \frac{S P - 450}{450}$
$⟹ S P - 450 = 450 \times \frac{7}{100} = 3.15$
$S P = 453.15$

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Find the SP when : CP = 450 , Profit = 7%

Given CP=450, Profit =7%As we know that Profit=SP−CPCP×100⟹7100=SP−450450⟹SP−450=450×7100=3.15SP=453.15

Given $C P = 450,$ Profit $= 7 %$
As we know that
$P r o f i t = \frac{S P - C P}{C P} \times 100$
$⟹ \frac{7}{100} = \frac{S P - 450}{450}$
$⟹ S P - 450 = 450 \times \frac{7}{100} = 3.15$
$S P = 453.15$