Question

3. Mr Goyal sold a scooter for Rs.6,200. If he had made a profit of Rs.
1,050 on the scooter, find the cost price of the scooter.
(583=15)​

Answer 1

Answer:

Selling Price = 6200

Profit = 1050

Cost price is equal to 6200 - 1050

= 5150

Cost price is 5150

Answer 2

Answer:

Question:-

⠀⠀⠀⠀⠀⠀⠀⠀⠀

▪︎Mr Goyal sold a scooter for Rs.6,200. If he had made a profit of Rs. 1,050 on the scooter, find the cost price of the scooter.

⠀⠀⠀⠀⠀⠀⠀⠀⠀

Solution:-

⠀⠀⠀⠀⠀⠀⠀⠀⠀

Given:

⠀⠀⠀⠀⠀⠀⠀⠀⠀

▪︎S.P. of scooter = Rs.6200

▪︎Profit on scooter = Rs.1050

⠀⠀⠀⠀⠀⠀⠀⠀⠀

To Find:

⠀⠀⠀⠀⠀⠀⠀⠀⠀

▪︎C.P. of scooter = ???

⠀⠀⠀⠀⠀⠀⠀⠀⠀

Answer:

⠀⠀⠀⠀⠀⠀⠀⠀⠀

C.P. = S.P. - Profit

⠀⠀⠀=6200-1050

⠀⠀⠀=5150

Hence, Rs. 5150 is the cost price of scooter.

Formulas:-

☆When loss is given,then;

C.P.=S.P.+loss

S.P.=C.P.-Loss

☆When profit is given,then;

C.P.=S.P.-Profit

S.P.=C.P.+profit

☆When S.P. > C.P. "Here is profit"

Profit=S.P.-C.P.

☆When C.P.>S.P."Here is loss"

Loss=C.P.-S.P.

☆Profit % =[(Profit ÷C.P.)×100]%

☆Loss%=[(Loss÷C.P.)×100]%