The cost price of an object is 750. find the selling price if the profit is 1/3 of the cost price.

The cost price of an object is 750. find the selling price if the profit is 1/3 of the cost price.
The cost price of an object is 750. find the selling price if the profit is 1/3 of the cost price.

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The cost price of an object is 750. find the selling price if the profit is 1/3 of the cost price.
The cost price of an object is 750. find the selling price if the profit is 1/3 of the cost price.
The cost price of an object is 750. find the selling price if the profit is 1/3 of the cost price.
The cost price of an object is 750. find the selling price if the profit is 1/3 of the cost price.

The cost price of an object is 750. find the selling price if the profit is 1/3 of the cost price.

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How to calculate selling price using cost and profit percent?

We know, Selling Price = Cost Price + Profit

              Selling Price = Cost Price + \(\frac{Profit Percentage}{100}\) × Cost Price

              Selling Price = \(\frac{100 × Cost Price + Profit Percentage × Cost Price}{100}\)

              Selling Price = Cost Price [\(\frac{100 + Profit Percentage}{100}\)]; [Here, cost price and profit% are known.]

1. Ryan bought a book for $100 and sold it at a profit of 10%. Find the selling price of the book.

Solution:            

Given cost price of the book = $100                        

Profit% = 10%                                                   

We know, Selling Price = Cost Price [\(\frac{100 + Profit Percentage}{100}\)]

                                 = 100 (\(\frac{100 + 10}{100}\))         

                                 = 100 (\(\frac{110}{100}\))    

                                 = \(\frac{100 × 110}{100}\) 

                                 = $110      

Therefore, the selling price of the book is $110.                                

2. John bought a music system for $260. For how much should he sell the music system to gain 10%?

Solution:            

Given cost price of the music system = $260       

Gain% = 10%                                                     

We know, Selling Price = Cost Price [\(\frac{100 + Gain Percentage}{100}\)]

                              = 260 (\(\frac{100 + 10}{100}\))

                              = 260 (\(\frac{110}{100}\))

                              = \(\frac{260 × 110}{100}\)

                              = $286

Therefore, he should sell the music system for $286.

3. Robert bought a machine for $1200 and sold it at a profit of 15%. Find the selling price of the machine.

Solution:            

Given cost price of the machine = $1200                               

Profit% = 15%                                                   

We know, Selling Price = Cost Price [\(\frac{100 + Profit Percentage}{100}\)]

                                = 1200 (\(\frac{100 + 15}{100}\))          

                                = 1200 (\(\frac{115}{100}\))     

                                = \(\frac{1200 × 115}{100}\)

                                = $1380                    

Therefore, the selling price of the machine is $1380.       

7th Grade Math Problems

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How to Find selling price when cost price is given?

Divide the total cost by the number of units bought to obtain the cost price. Use the selling price formula to find out the final price i.e.: SP = CP + Profit Margin.

How to Find selling price and profit?

How to calculate selling price of a product formula.
Cost price = Raw Materials + Direct Labor + Allocated Manufacturing Overhead..
Selling price = Cost price x 1.25 SP = 50 x 1.25..
Gross Profit = Total Revenue – Cost of Goods Sold Gross Profit Margin = Gross Profit / Revenue..

What will be selling price if cost price is 120 and profit is 35%?

Hence, if the cost price is Rs. 120 and the gain is 35%, then the selling price is Rs. 162.

What is the formula of cost price?

Cost price = Selling price − profit ( when selling price and profit is given ) Cost price = Selling price + loss ( when selling price and loss is given )