Question

a retailer sells his product at a gain of 10%

if his selling price was ₹13200 what was his actual profit what was his cost price​

Answer 1

Answer:-

Given:

Profit % = 10 %

SP of the product = Rs. 13200

We know that,

SP = CP (100 + Profit%) / 100

So,

⟶ 13200 = CP (100 + 10 / 100)

⟶ 13200(100) = 110CP

⟶ 1320000/110 = CP

⟶ 12000 = CP

Now,

Profit = SP - CP

⟶ Profit = 13200 - 12000

⟶ Profit = Rs. 1200

∴

• CP of the product is Rs. 12000

• Profit is Rs. 1200.

Answer 2

Step-by-step explanation:

Given:-

SP of the product=Rs. 13200

Profit %=10%

To find:-

Actual profit

Solution:-

As we know that

${:}\longrightarrow$${\boxed{SP=CP ({\frac{100+Profit{\%}}{100}})}}$

${:}\longrightarrow$$13200=CP({\frac { 100+10}{100}})$

${:}\longrightarrow$$13200=CP({\frac {110}{100}})$

${:}\longrightarrow$$13200×100=110CP$

${:}\longrightarrow$$CP={\frac {1320000}{110}}$

${:}\longrightarrow$${\underline{\boxed {CP=12000}}}$

now,

as we know that

${:}\longrightarrow$${\boxed {Profit=SP-CP}}$

${:}\longrightarrow$$Profit=13200-12000$

${:}\longrightarrow$${\underline{\boxed {\bf {Profit=1200}}}}$