8. An item sold at 27 earned the shopkeeper
profit of 35%. Find the cost price of the item..please answer in simple way..
Answers
Answer:
Let cost price be x
Let cost price be xprofit= 35/100×x
Let cost price be xprofit= 35/100×x=7x/20
Let cost price be xprofit= 35/100×x=7x/20selling price=profit+cost price
Let cost price be xprofit= 35/100×x=7x/20selling price=profit+cost price27=7x/20+x
Let cost price be xprofit= 35/100×x=7x/20selling price=profit+cost price27=7x/20+x27=7x/20+20x/20
Let cost price be xprofit= 35/100×x=7x/20selling price=profit+cost price27=7x/20+x27=7x/20+20x/2027=27x/20
Let cost price be xprofit= 35/100×x=7x/20selling price=profit+cost price27=7x/20+x27=7x/20+20x/2027=27x/2027×20/27=x
Let cost price be xprofit= 35/100×x=7x/20selling price=profit+cost price27=7x/20+x27=7x/20+20x/2027=27x/2027×20/27=x20=x
Let cost price be xprofit= 35/100×x=7x/20selling price=profit+cost price27=7x/20+x27=7x/20+20x/2027=27x/2027×20/27=x20=xTherefore cist price=20
Answer: