Question

A man sold an article for Rs.495 and gained 10% on it. Find the cost price of the article

Answer 1

Question:

A man sold an article for Rs. 495 and gained 10% on it. Find the cost price of the article.

Given:

1. S.P. = Rs. 495
2. Gained = 10%

To Find:

• The cost price of the article.

Solution:

We know that,

CP = (100 × SP) / (100 + Gain%)

= (100 × 495) / (100 + 10)

= 49500 / 110

= 450.

● The cost price of the article = 450 rupees.