A man sold his buffalo for ₹7250
and gained 16%. Find the cost
price of the buffalo.
Answers
Answered by
5
Answer:
The cost price of buffalo is Rs. 6250. Step-by-step explanation: Given : A man sold his buffalo for 7250 and gained 16%.
Step-by-step explanation:
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Answered by
7
The cost price of buffalo is Rs.6250.
Step-by-step explanation:
Given : A man sold his buffalo for 7250 and gained 16%.
To find : The cost price of the buffalo ?
Solution :
The selling price is SP=Rs.7250
The gain% is G%=16%
The cost price is given by,
CP=\frac{100}{100+G\%}\times SPCP=
100+G%
100
×SP
CP=\frac{100}{100+16}\times 7250CP=
100+16
100
×7250
CP=\frac{100}{116}\times 7250CP=
116
100
×7250
CP=6250CP=6250
Therefore, the cost price of buffalo is Rs.6250.
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