Question

A shopkeeper made a profit of 20%. What was the
actual cost to him of an article marked at 216?​

Answer 1

Step-by-step explanation:

To gain 20% price shall be 153*1.2=183.6

85%=183.6

100%=100*183.6/85=216

Label as Rs 216. After discount of 15%

You get Rs 183.6 which is 20% profit on Rs 153

Answer 2

Answer:

cost price = 180

Step-by-step explanation:

using formula

cost price × (1+20/100) = 216

cost price × (1+1/5) = 216

cost price × (6/5) = 216

cost price = (216 × 5)/6

cost price = 36×5

cost price = 180

you can use this method to solve such type of questions.