Cost price of an article is 1050₹. What would be the selling price of an article, if the gain is 5% ?

Given :

Cost Price  $= Rs. 1050$

Gain $% = 5%$

To find :

We have to find the selling price.

Solution :

$SP = CP + Gain$

$Gain = \frac{5}{100} \times 1050$

$=\frac{1}{2} \times 105$

$= Rs. 52.5$

$ SP = Rs. 1050+52.5$

Therefore, the selling Price is  $Rs. 1102.5$

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Updated on: 10-Oct-2022

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