11)An article was sold for Rs. 250 with a profit of 5%. What was its
cost price?
Answers
Answered by
2
Profit Percentage = 5%
SP = 250
CP = SP X 100 ÷ 100 + P%
250 X 100 ÷ 105
25000÷105
= 238.095 rs.
Its Cost Price was 238.095 rs.
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Answered by
2
Answer:
sp of articls is 250
profit is 5 percent
250-250×5/100
250-12.5
237.5
hence the cost price of articles is 237.5
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