Question

A gift item was sold for ₹525 at a profit of 5% find the cost price of the gift?

Answer 1

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Answer 2

$Hi \: \: !!! \\ \\ Here \: \: is \: \: your \: \: answer, \\ \\ S.P \: \: =Rs.525 \\ Profit \: \% = 5\% \\ \\ \\ C.P = \frac{S.P \times 100}{100 +Profit \% } \\ \\ C.P = \frac{525 \times 100}{100 + 5} \\ \\ C.P = 500 \\ \\ Hence, \\ C.P \: \: of \: \: the \: \: gift \: = Rs.500 \\ \\ \\ Hope \: \: it \: \: helps.$