If the cost price is 88 of the selling price then what is the profit percent
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How to calculate selling price using cost and loss percent? Show We know, Selling Price = cost price - loss Selling Price = cost price - \(\frac{Loss Percentage × Cost Price}{100}\) Selling Price = \(\frac{100 × Cost Price - Loss Percentage × Cost Price}{100}\) Selling Price = Cost Price (\(\frac{100 - Loss Percentage}{100}\)), [Here, cost price and loss% are known.] Solved examples will help us to find selling price when the cost price and loss% are known: 1. Shelly bought a dress for $150 and sold it to Jenny there by suffering a loss of 10%. Find the selling price of the dress. Solution: Given cost price = $150 Loss % = 10% We know, selling price = Cost Price (\(\frac{100 - Loss Percentage}{100}\)) = 150 (\(\frac{100 - 10}{100}\)) = 150 (\(\frac{90}{100}\)) = (\(\frac{150 × 90}{100}\)) = 9 × 15 = $135 Therefore, selling price of the dress is $135. 2. Mike bought a laptop for $800 and sold it to Jack there by suffering a loss of 12%. Find the selling price of the laptop. Solution: Given cost price = $800 Loss % = 12% We know, selling price = Cost Price (\(\frac{100 - Loss Percentage}{100}\)) = 800 (\(\frac{100 - 12}{100}\)) = \(\frac{800 × 88}{100}\) = 88 × 8 = $724 Therefore, selling price of the laptop is $724. 3. By selling a chair for $372, Daisy loses 7%. At what price must she sell it to gain 10%. Solution: Given selling price = $ 372 Loss % = 7% We know, Cost Price = \(\frac{Selling Price × 100}{100 - Loss Percentage}\) Therefore, cost price = \(\frac{372 × 100}{100 - 7}\) = \(\frac{372 × 100}{93}\) = $400 Now cost price = $400 Gain% = 10% Therefore, selling price = Cost Price [\(\frac{100 + Gain Percentage}{100}\)] = 400 [\(\frac{100 + 10}{100}\)] = 110 × 4 = $440 7th Grade Math Problems From Calculate Selling Price using Cost and Loss Percent to HOME PAGE Didn't find what you were looking for? Or want to know more information about Math Only Math. Use this Google Search to find what you need. What is the profit percentage the cost price is 80?∴ Profit% is 25%.
What is the profit percentage the cost price is 80% of the selling price the profit is rupees 50?Hence, C.P = 80 S - 50 S = 30 S. Profit % = * 100 = 166.67%
What is profit on cost if profit on sales is 20 %?Detailed Solution. ∴ Profit% on the cost price is 25%.
What is the formula of selling price percentage?How to calculate selling price using cost and profit percent? Selling Price = Cost Price [100+ProfitPercentage100]; [Here, cost price and profit% are known.] 1. Ryan bought a book for $100 and sold it at a profit of 10%.
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