Question

a shopkeeper earned a profit 5% by selling a television for rs 8500.find the cost price of the television

Answer 1

100% + 5% = 105%

.

Selling Price of the television = Rs 8500 (Given)

105% = 8500

.

Find 1%:

105% = 8500

1% = 8500 ÷ 105 = Rs 80.95

.

Find 100%:

100% = 80.95 x 100 = Rs 8095

.

Answer: The cost price of the television is Rs 8095