Question

A calculater gain profit 4% selling price 250 what will be cost prices

Answer 1

let cost price is 100% then total profit will be 104% due to 4% gain. means
104% = 250 then 100% = (250/104)×100 = 2.40×100=240

Answer 2

hey mate
here is your answer

S.P=C.P+profit

consider C.P as x
$250 = x + \frac{4}{100} \times x \\ 250 = \frac{104 x}{100} \\ 25000 = 104x \\ \frac{25000}{104} = x \\ = 120.38 = x$
240.38 is the cost price
hope it helps u :)

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