Answer:
Step-by-step explanation:
Given,
Cost Price ( CP ) = Rs 400
Profit % = 4 %
Selling price ( SP ) = ?
now, Let's find the value of SP:
SP = [tex] \frac{CP \: (100 + \: profit percent \: )}{100} [/tex]
Plug the values
[tex] = \frac{400(100 + 4)}{100} [/tex]
Add the numbers
[tex] = \frac{400 \times 104}{100} [/tex]
Multiply the numbers
[tex] = \frac{41600}{100} [/tex]
Divide
= Rs [tex]416[/tex]
Selling price ( SP ) = Rs 416
Hope this helps...
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