Question

10An article was sold for 250 with a profit of 5%.What was its cost price?

Answer 1

Answer:

RUPEES 41.66

Step-by-step explanation:

SP = 250

CP = x

PROFIT = SP - CP = 250 -  x

PROFIT % = 5 %

=> PROFIT/CP × 100 = 5

=> (250 - x) / x = 5

=> 250 - x = 5x

=> 6x = 250

=> x = 250/6 = 41.66 ( Ans )

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