Given,
SP = 495
Gain = 10%
\(\begin{array}{l}CP =\frac{100\times SP}{100+gain%}\end{array} \)
Substituting the values in the above equation, we get
CP = (100 ×495)/(100 + 10)
CP = (49500)/110
CP = 450
Given,
SP = 495
Gain = 10%
Substituting the values in the above equation, we get
CP = (100 ×495)/(100 + 10)
CP = (49500)/110
CP = 450