What will be selling price, if cost price is Rs. 120 and gain is 35%?

Options

A. a. Rs. 135
B. b. Rs. 85
C. c. Rs. 155
D. d. Rs. 162

Answer

To find the selling price (SP) when the cost price (CP) is Rs. 120 and the gain is 35%, we can follow these steps:

### Step 1: Write down the given values
- Cost Price (CP) = Rs. 120
- Gain (Profit Percentage) = 35%

### Step 2: Use the formula for Selling Price
The formula for Selling Price (SP) is given by:
\[ SP = CP + \text{Profit} \]
Where Profit can be calculated as:
\[ \text{Profit} = \left( \frac{\text{Profit Percentage}}{100} \times CP \right) \]

### Step 3: Calculate the Profit
Substituting the values into the profit formula:
\[ \text{Profit} = \left( \frac{35}{100} \times 120 \right) \]
Calculating this:
\[ \text{Profit} = \left( 0.35 \times 120 \right) = 42 \]

### Step 4: Calculate the Selling Price
Now substitute the profit back into the Selling Price formula:
\[ SP = CP + \text{Profit} \]
\[ SP = 120 + 42 = 162 \]

### Final Answer
The Selling Price (SP) is Rs. 162.

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