Find the SP when CP = Rs 1580 and gain % = 2%

Answers (1)

Given :  Cost Price (CP)= Rs 1580

Gain % = 2%

To find Selling price (SP).

Gain % = (SP-CP)x100/CP 

2 = (SP-1580)x100/1580

2= 100SP/1580 - 100

SP = 102x1580/100

SP = Rs 1611.6.

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