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Question
Find the selling price of a camera bought for Rs.4600 and sold at a profit of 15%.
Solution
C.P. of the camera = Rs.4600
Profit = 15%
`"S.P."/"C.P." = 1 + "Profit"/(100)`
⇒ `"S.P."/(4600) = 1 + (15)/(100)`
⇒ `"S.P."/(4600) = (100 + 15)/(100)`
⇒ `"S.P." = (115)/(100) xx 4600`
= Rs.5290
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