{"id":81353,"date":"2024-01-20T12:53:02","date_gmt":"2024-01-20T07:23:02","guid":{"rendered":"https:\/\/ccssmathanswers.com\/?p=81353"},"modified":"2024-01-20T17:29:59","modified_gmt":"2024-01-20T11:59:59","slug":"calculate-selling-price-using-cost-and-profit-percent","status":"publish","type":"post","link":"https:\/\/bigideasmathanswers.com\/calculate-selling-price-using-cost-and-profit-percent\/","title":{"rendered":"Calculate Selling Price using Cost and Profit Percent &#8211; Formula, Solved Examples"},"content":{"rendered":"<p>The Selling Price is easily calculated when the Cost and Profit Percent are given. Calculate Selling Price using Cost and Profit Percent and apply them to your real-time problems. Check out the various problems and their solving methods to find the Selling Price when the Cost Price and Profit Percent are given. We have included real-life examples for your practice. Don&#8217;t miss any problems to learn the complete concept.<\/p>\n<p>Also, See:<\/p>\n<ul>\n<li><a href=\"https:\/\/ccssmathanswers.com\/calculate-cost-price-using-sell-price-and-loss-percent\/\">Calculate Cost Price using Sell Price and Loss Percent<\/a><\/li>\n<li><a href=\"https:\/\/ccssmathanswers.com\/calculate-cost-price-using-sell-price-and-profit-percent\/\">Calculate Cost Price using Sell Price and Profit Percent<\/a><\/li>\n<li><a href=\"https:\/\/ccssmathanswers.com\/calculate-selling-price-using-cost-and-loss-percent\/\">Calculate Selling Price using Cost and Loss Percent<\/a><\/li>\n<\/ul>\n<h2>How to Calculate Selling Price Using Cost and Profit Percent?<\/h2>\n<p>Step by step procedure is given for you to find out the Selling Price Using Cost and Profit Percent. It is really easy to find the selling price when you know the cost price and Profit Percent. Therefore, check out the procedure and follow the steps while solving problems.<\/p>\n<p>1. Find out the Cost price and Profit Percent from the given problem.<br \/>\n2. Note down the formula of Selling Price.<br \/>\n3. In the next step, substitute the Cost price and Profit Percent in the formula.<br \/>\n4. Finally, find the selling price.<\/p>\n<h3>Selling Price Formula when Cost and Profit Percent are Known<\/h3>\n<p>The Selling Price Formula is the important thing to remember to calculate all the problems when Cost and Profit Percent are given. Without missing, anyone, remember all the formulas and use them while calculating problems.<\/p>\n<ul>\n<li>Selling price = cost price + profit<\/li>\n<li>Selling price = cost price + profit%\/100 \u00d7 cost price<\/li>\n<li>The selling price = 100 \u00d7 cost price + profit% \u00d7 cost price\/100<\/li>\n<li>selling price = (100 + profit%)cost price\/100; [Here, cost price and profit% are known.]<\/li>\n<\/ul>\n<h3>Solved Examples to Find the Selling Price Using Cost and Profit Percent<\/h3>\n<p>1. Ram bought a Colors Box for $100 and sold it at a profit of 20%. Find the selling price of the book?<\/p>\n<p>Solution:<br \/>\nGiven that Ram bought a Colors Box for $100 and sold it at a profit of 20%.<br \/>\nThe cost price of the Colors Box = $100<br \/>\nProfit Percentage = 20%<br \/>\nWe know that selling price = (100 + profit%)cost price\/100<br \/>\nSubstitute the cost price and the profit% in the above formula.<br \/>\nSelling price = (100 + 20)100\/100<br \/>\nSelling price = 120 \u00d7 100\/100<br \/>\nThe Selling price = $120<\/p>\n<p>Therefore, the Selling price of the Colors Box is $120.<\/p>\n<p>2. Alex bought a music system for $180. For how much should he sell the music system to gain 10%?<\/p>\n<p>Solution:<br \/>\nGiven that Alex bought a music system for $180.<br \/>\nThe cost price of the music system = $180<br \/>\nProfit Percentage = 10%<br \/>\nWe know that selling price = (100 + profit%)cost price\/100<br \/>\nSubstitute the cost price and the profit% in the above formula.<br \/>\nSelling price = (100 + 10)180\/100<br \/>\nSelling price = 110 \u00d7 180\/100<br \/>\nThe Selling price = $198<\/p>\n<p>Therefore, the Selling price of the music system is $198.<\/p>\n<p>3. Robert bought a washing machine for $800 and sold it at a profit of 4%. Find the selling price of the washing machine?<\/p>\n<p>Solution:<br \/>\nGiven that Robert bought a washing machine for $800 and sold it at a profit of 4%.<br \/>\nThe cost price of the washing machine = $800<br \/>\nProfit Percentage = 4%<br \/>\nWe know that selling price = (100 + profit%)cost price\/100<br \/>\nSubstitute the cost price and the profit% in the above formula.<br \/>\nSelling price = (100 + 4)800\/100<br \/>\nSelling price = 104 \u00d7 800\/100<br \/>\nThe Selling price = $832<\/p>\n<p>Therefore, the Selling price of the washing machine is $832.<\/p>\n<p>Check Out:<\/p>\n<p><a href=\"https:\/\/paisaalgo.com\/midcpnifty-pivots-calculator\/\">MIDCPNIFTY Pivot Point Calculator<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Selling Price is easily calculated when the Cost and Profit Percent are given. Calculate Selling Price using Cost and Profit Percent and apply them to your real-time problems. Check out the various problems and their solving methods to find the Selling Price when the Cost Price and Profit Percent are given. We have included &#8230; <a title=\"Calculate Selling Price using Cost and Profit Percent &#8211; Formula, Solved Examples\" class=\"read-more\" href=\"https:\/\/bigideasmathanswers.com\/calculate-selling-price-using-cost-and-profit-percent\/\" aria-label=\"More on Calculate Selling Price using Cost and Profit Percent &#8211; Formula, Solved Examples\">Read more<\/a><\/p>\n","protected":false},"author":3,"featured_media":81384,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[5],"tags":[],"jetpack_featured_media_url":"https:\/\/bigideasmathanswers.com\/wp-content\/uploads\/2021\/03\/Calculate-Selling-Price-using-Cost-and-Profit-Percent.png","_links":{"self":[{"href":"https:\/\/bigideasmathanswers.com\/wp-json\/wp\/v2\/posts\/81353"}],"collection":[{"href":"https:\/\/bigideasmathanswers.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigideasmathanswers.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigideasmathanswers.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/bigideasmathanswers.com\/wp-json\/wp\/v2\/comments?post=81353"}],"version-history":[{"count":3,"href":"https:\/\/bigideasmathanswers.com\/wp-json\/wp\/v2\/posts\/81353\/revisions"}],"predecessor-version":[{"id":92894,"href":"https:\/\/bigideasmathanswers.com\/wp-json\/wp\/v2\/posts\/81353\/revisions\/92894"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bigideasmathanswers.com\/wp-json\/wp\/v2\/media\/81384"}],"wp:attachment":[{"href":"https:\/\/bigideasmathanswers.com\/wp-json\/wp\/v2\/media?parent=81353"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigideasmathanswers.com\/wp-json\/wp\/v2\/categories?post=81353"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigideasmathanswers.com\/wp-json\/wp\/v2\/tags?post=81353"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}