Question

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

Answer 1

Rs 416

Explanation:

Given,

Cost Price ( CP ) = Rs 400

Profit % = 4 %

Selling price ( SP ) = ?

now, Let's find the value of SP:

SP =
`(CP \: (100 + \: profit percent \: ))/(100)`

Plug the values

`= (400(100 + 4))/(100)`

Add the numbers

`= (400 * 104)/(100)`

Multiply the numbers

`= (41600)/(100)`

Divide

= Rs
`416`

Selling price ( SP ) = Rs 416

Hope this helps...

Best regards!!