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Question
Find the selling price, if :
C.P. = Rs.576; overheads = Rs.44 and loss = 16%
Solution
C.P. = Rs.576
Overheads = Rs.44
Net C.P. = Rs.576 + Rs.44
= Rs.620
Loss = 16%
We know: S.P. =`((100-"Loss"%))/100xx"C.P."`
`=((100-16))/100xx"Rs."620`
= Rs.`84/100xx620`
= Rs.`5208/10`
= Rs.520.80
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