a article we sold for rupees 250 with a profit of 5%.What was it's cost price.
Answers
Answered by
1
selling price = sp = Rs 250
profit = g= 5%
let the cost price = cp
cp = (sp *100)/(100+g)
= (250 *100)/(100 +5)
= 250*100/105
=Rs238.09
profit = g= 5%
let the cost price = cp
cp = (sp *100)/(100+g)
= (250 *100)/(100 +5)
= 250*100/105
=Rs238.09
Answered by
0
Given ;
S.P = ₹ 250
Profit = 5%
250 = C.P + (5/100)×C.P
C.P[1+(1/20)] = 250
C.P × (21/20) = 250
C.P = (250×20)/21
C.P = 238.09
------------------------–--
Hence the cost price is ₹ 238.09
S.P = ₹ 250
Profit = 5%
250 = C.P + (5/100)×C.P
C.P[1+(1/20)] = 250
C.P × (21/20) = 250
C.P = (250×20)/21
C.P = 238.09
------------------------–--
Hence the cost price is ₹ 238.09
Similar questions