A shopkeeper earned a profit of 5 %by selling a television for ₹8500. Find the cost of price of the television.
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Selling price of TV = ₹8500
Profit = 5%
Cost price = ?
We know that
Cost price is ₹8095.23
____________
Easy way:
profit = 5%
SP = ₹8500
CP = [SP/(100+Profit)] × 100
=> CP = 8500/105 × 100
=> CP = ₹8095.25
Profit = 5%
Cost price = ?
We know that
Cost price is ₹8095.23
____________
Easy way:
profit = 5%
SP = ₹8500
CP = [SP/(100+Profit)] × 100
=> CP = 8500/105 × 100
=> CP = ₹8095.25
TPS:
Use the easy way for solving..
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