Question

A shopkeeper makes a profit of 12 percent by selling a book for Rs. 336. what is the cost of price and the actual profit

Answer 1

C.P=100/100+P%×S.P
C.P=100/100+12×336
C.P=100/112×336
C.P=100×3
C.P=300
Profit=S.P-C.P
=336-300
=36 Ans
hope this helps

Answer 2

Answer:

First we will find Cost Price then it will be easier to find actual profit.

CP = 100/100 + Profit% × S.P.

CP = 100/100 + 12 × 336

CP = 100/112 × 336

CP = 100 × 3 (because 112 × 3 = 336 so its cuted)

CP = 300

Now we will find actual profit.

Profit = S.P - C.P.

Profit = 336 - 300

Profit = 36

Therefore, Cost Price is Rs.300 and actual profit is of Rs.36 .

Step-by-step explanation:

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Answer ⤵⤵⤵

Cost price = 300 Actual Profit = 36

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