Question

Find SP when CP=Rs.400 and profit%=4%

Answer 1

Answer:

Rs 416

Step-by-step explanation:

Given,

Cost Price ( CP ) = Rs 400

Profit % = 4 %

Selling price ( SP ) = ?

now, Let's find the value of SP:

SP = $\frac{CP \: (100 + \: profit percent \: )}{100}$

Plug the values

$= \frac{400(100 + 4)}{100}$

Add the numbers

$= \frac{400 \times 104}{100}$

Multiply the numbers

$= \frac{41600}{100}$

Divide

= Rs $416$

Selling price ( SP ) = Rs 416

Hope this helps...

Best regards!!