Calculating Selling Price

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 Numbers Page

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.

Share this page: What’s this?

Recent Articles

  1. Expanded form of Decimal Fractions |How to Write a Decimal in Expanded

    Jul 22, 24 03:27 PM

    Expanded form of Decimal
    Decimal numbers can be expressed in expanded form using the place-value chart. In expanded form of decimal fractions we will learn how to read and write the decimal numbers. Note: When a decimal is mi…

    Read More

  2. Worksheet on Decimal Numbers | Decimals Number Concepts | Answers

    Jul 22, 24 02:41 PM

    Worksheet on Decimal Numbers
    Practice different types of math questions given in the worksheet on decimal numbers, these math problems will help the students to review decimals number concepts.

    Read More

  3. Decimal Place Value Chart |Tenths Place |Hundredths Place |Thousandths

    Jul 21, 24 02:14 PM

    Decimal place value chart
    Decimal place value chart are discussed here: The first place after the decimal is got by dividing the number by 10; it is called the tenths place.

    Read More

  4. Thousandths Place in Decimals | Decimal Place Value | Decimal Numbers

    Jul 20, 24 03:45 PM

    Thousandths Place in Decimals
    When we write a decimal number with three places, we are representing the thousandths place. Each part in the given figure represents one-thousandth of the whole. It is written as 1/1000. In the decim…

    Read More

  5. Hundredths Place in Decimals | Decimal Place Value | Decimal Number

    Jul 20, 24 02:30 PM

    Hundredths Place in Decimals
    When we write a decimal number with two places, we are representing the hundredths place. Let us take plane sheet which represents one whole. Now, we divide the sheet into 100 equal parts. Each part r…

    Read More