Question

2. Find the cost price.
a. SP - 5500, Gain = 5%​

Answer 1

Answer: ₹5238.095

Step-by-step explanation:

Given:

CP=x ( assuming)

SP=₹5500

Profit %=5

So, the equation formed by now:

5500-x=5x/100

550000-100x= 5x

105x = 550000

x=550000/105

=5238.095

Hence CP=₹5238.095

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Answer 2

Answer:

₹1100

Step-by-step explanation:

Formula for the C.P = S. P * 100 / 100 + Gain

C. P = 5500*100 / 100+5

C. P = 1100