Question

A shopkeeper makes a profit of 15% by selling a book for 230.
What is the cost price? Also find the actual profit.​

Answer 1

Answer:

C.P.=Rs200,Profit=Rs30

Hope this will help you.

Step-by-step explanation:

Given that the SP of a book =Rs.230

Profit%=15

Since

CP=(SP×100)÷(100+profit %)

CP=(230×100)÷(100+15)

CP=23000÷115=Rs.200

Also,

Profit=SP−CP=Rs.(230−200)=Rs.30

Actual profit=Rs.30

C.P.=Rs200,Profit=Rs30