a man sells a sari for Rs2100and makes a profit of 16whole2upon 3 %.find the cost price of sari
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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
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
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