Question

A Set of furniture was sold for $300,000.00 a
t
a profit of 20%. Find the cost price.

Answer 1

Answer:

sp of furniture =$300,000

Step-by-step explanation:

sp= 100+profit/100×cp= 120/100×$300,000=360000 $ is answet

Answer 2

selling price=$300000

profit=20%

cost price=(selling price*100)%(profit+100)

=(300000*100)%(20+100)

=30000000%120

=$250000 is the cost price