6. An article was sold for Rs 250 with a profit of 5%. What was its cost price?
Answers
Answered by
7
Answer:
Selling price of article =RS.250
profit =5%
cost price = x
SP=CP+CP×
100
profit percentage
250=x+x×
100
5
250=x+
20
x
21x=5000
x=Rs.238
Answered by
3
Step-by-step explanation:
Total cost = Cost of Article + Profit cost
= 250 + (5% of 250)
= 250 + (25/2)
= 250 + 12.5 = ₹ 262.5
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