A shirt is sold for rs.135 at a profit of 12%. calculate the cost price of the shirt
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Answer:
the cost of shirt is 118.8
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The cost price of the shirt is ₹ 120.53
Given data :
Selling price = ₹135
Profit percentage = 12%
Let,the cost price = ₹x
So,profit will be = (x × 12/100) = ₹ 3x/25
We know that ,
Cost price + profit = selling price
So,
x+ 3x/25 = 135
28x/25 = 135
x = 135 × 25/28
x = 120.53 (approx.) (Answer)
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