Q.


What will be the SP when CP =Rs 9600, Gain = 16 2 3 %  ?

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a

Rs 10400

b

Rs 11800

c

Rs 11200

d

Rs 10800 

answer is C.

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Detailed Solution

Given that,
CP =Rs 9600
Gain =Question ImageWe have the following formula:
Gain = S.P-C.P
Gain%= S.PC.P C.P ×100  
Loss= C.P-S.P
Loss%= C.PS.P C.P ×100  
Let the S.P be x.
C.P is ₹9600 and gain is 50 3 %   .
The S.P is,
50 3 = x9600 9600 ×100 x= 9600× 50 3 100 +9600 x=1600+9600 x=11200   The S.P is Rs 11200.
Hence, the correct option is 3.
 
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