We will learn how to solve different types of problems on calculating selling price.

Formulas to calculate selling price:

(i) If Cost Price of an article and gain on its selling are given, the Selling Price of the article will be sum of its Cost Price and gain.

Selling Price = Cost Price + Gain

(ii) If Cost Price of an article and loss on its selling are given, the Selling Price of the article will be Cost Price minus loss.

Selling Price = Cost Price – Loss

**Solved examples:**

**1.** Lila purchased a chair for $ 257. She spent $ 50 on transportation. She sold it at a profit of $ 120. Find the selling price of the chair.

Cost Price of a chair = $ 257

Transportation = $ 50

Total Cost Price = $ 257 + $ 50

= $ 307

Profit = $ 120

Selling Price = Cost Price + Profit

= $ 307 + $ 120

= $ 427

Selling Price of the chair = $ 427.

2. A moped is bought at $ 15000. At what should it be sold to make a profit of $ 2180?

Cost Price of a moped = $ 15000

Profit made = $ 2180

We know Selling Price = Cost Price + Profit

= $ 15000 + $ 2180

= $ 17180

The moped should be sold at $ 17180.

**5th Grade Math Problems**

**From Calculating Selling Price to HOME PAGE**

**Didn't find what you were looking for? Or want to know more information
about Math Only Math.
Use this Google Search to find what you need.**

## New! Comments

Have your say about what you just read! Leave me a comment in the box below. Ask a Question or Answer a Question.