Question

A merchant sold an item an Rs.1200 to earn a profit over it's cost price , of a little more than 50% what could be the cost price ?​

Answer 1

Answer:

I think 1800 hope it's useful

Step-by-step explanation:

plz follow

Answer 2

The cost price is ₹800

Given data :

Selling price = ₹ 1200

Profit = 50%

Let,the cost price = ₹ x

Profit = x × 50/100 = ₹ x/2

Selling price = (x+x/2) = ₹ 3x/2

Now,

3x/2 = 1200

3x = 2400

x = 800 (answer)