Question

A man sells an article for rs. 5500 and makes a profit of 10% on



c.P. Find the



c.P. Of the article

Answer 1

Solutions :-


Given :

Selling price of an article = Rs 5500
Profit = 10%


Find the cost price of an article :-

C.P = (S.P × 100)/(100 + Profit)
= (5500 × 100)/(100 + 10)
= 550000/110
= 5000


Hence,
The cost price of an article = Rs 5000

Answer 2

Solutions :-


We have,

Selling price = Rs 5500
Profit percent = 10%

To find : Cost Price


Let the Cost price be x

A/q

=> S.P = C.P + Profit % of C.P
=> 5500 = x + 10% of x
=> 5500 = x + 0.10x
=> 5500 = 1.10x
=> x = 5500/1.10
=> x = 5000



Answer : Cost price of article = Rs 5000