Question

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

Answer 1

Answer:

Step-by-step explanation:

Selling price  = Rs 250  

Profit   = 5 %  

Profit (%) = (SP-CP)/CP x 100  

5   = (250-CP)/CP x 100  

105CP   = 25000  

CP   = Rs 238

Cost Price is Rs.238.1 ……………………………………. Ans.

Answer 2

Answer:

238

Step-by-step explanation:

Selling price of an article = Rs 250

Profit = 5%

Cost price = (100 x SP) / ( 100 + gain)

Cost price = (100 x 250) / 105

Cost price = (100 x 250) / 105 = Rs. 238