Question

A shirt is sold for rupees 570 at a profit of 14% find cost price of shirt

Answer 1

627. .....................,.,.,.................

Answer 2

Answer:

Step-by-step explanation:

SP =570

Profit = 14%

By formula %Profit = Profit/CP x 100  ---------(1)

formula for Profit = SP-CP,

substituting Profit = (SP-CP) in -----(1) we have

%Profit = (SP-CP)/CP x 100

Let's keep CP as 'x' to keep it simple

Substituting values we get, 14 = (570-x)/x *100

14x = (570-x) * 100

14x =57000-100x

14x +100x = 57000

114x=57000

x= 57000/114

x=500

i.e., x is CP, so Cost Price CP =500