Question

a man sells a sari for Rs2100 and makes a profit of 16whole2upon3 %.find the cost price of the sari with statements

Answer 1

selling Price = 2100

profit % = 16 2/3 % = 16.66%


Let the cost price be 'x'

we know that

cost price + profit percentage = selling Price

x + 16.66% of x = 2100

x +0.1666x = 2100

1.1666x = 2100

x = 2100/1.1666 = 1800 = cost price