Choose the correct answer: If CP = Rs. 950 and gain = 6%, then SP = ?
A) Rs. 1100
B) Rs. 1007
C) Rs. 1117
D) Rs. 1170
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Choose the correct answer: If CP = Rs. 950 and gain = 6%, then SP = ?
A) Rs. 1100
B) Rs. 1007
C) Rs. 1117
D) Rs. 1170
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Verified answer
Answer:
B). 1007
Step-by-step explanation:
SP = 100 + gain%/100 × CP
Therefore
Sp = 100 + 6 / 100 × 950
= 106/100 × 950
= 1007