A scooter is sold for Rs. 18000 at a profit of 20%.The cost price of the scooter is
Answers
Answered by
9
Answer:
15000
Step-by-step explanation:
selling price SP = 18000
Cost price= 100%
Profit = 20% = 120% of CP
So CP= 18000/120*100
Cost price of the scooter = 15000
Answered by
16
✬ C.P = Rs 15,000 ✬
Step-by-step explanation:
Given:
- Selling Price of scooter is Rs 18000.
- Profit percent on scooter is 20%.
To Find:
- What is the Cost Price of scooter ?
Solution: If there S.P and Profit % are given and we need to find C.P then the formula for finding Cost price is
★ C.P = S.P 100/100 + Profit % ★
Put the values on formula
Hence, the Cost Price of scooter was Rs 15,000.
______________________
• If there loss percent and selling price are given we use this formula
→ C.P = S.P 100/100 – Loss%
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