Math, asked by tanishqparmar2008, 2 months ago

A shopkeeper made a profit of 14% by selling an item at $57. Find the cost price of the item.

Answers

Answered by vchoudhary1512
2

profit% = 14%

selling price = Rs. 57

To find => cost price

profit % =

 \frac{selling \: price \:  -  \: cost \: price}{cost \: price}  \times 100

14\% =  \frac{57 - c.p}{c.p}  \times 100

14c.p \:  = 5700 - 100

114c.p \:  = 5700

c.p \:  =  \frac{5700}{114}  = 50

cost \: price \:  = 50

Answered by rajeebsc001
0

Soln:-

Cost price of the item,

C. P. = Rs.50/-

Given :-

Profit percentage = 14%

selling price (s. p.) = $57/-

C. P. is 'X',

Profit amt,

Amt = 14x/100 = Profit amt

Selling price - Profit amt = Cost price

57 - 14x/100 = x

5700 - 14x = 100x

114x = 5700

x = 50/-

Cost price of the item = Rs.50/-

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