Question

A gold necklace sold for one lakh ninety thousand rupees at a profit of eighty five thousand rupees.
Find the c.p. of the necklace

Answer 1

Q.A gold necklace sold for one lakh ninety thousand rupees at a profit of eighty five thousand rupees.

Q.A gold necklace sold for one lakh ninety thousand rupees at a profit of eighty five thousand rupees.Find the c.p. of the necklace.

Answer:

Given- Selling Price= s.p= 1,90,000

Profit= 85,000

To Find- Cost price= c.p = ?

Solution:

Profit= Cost Price - Selling price

85000= c.p - 190000

85000+190000= c.p

275000= c.p

Cost Price= ₹ 2,75,000

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