Question

A shopkeeper makes a profit of 15% by selling a book for ₹230 . What os the Cp.and the actual profit ?​

Answer 1

Answer:

Profit % = 15

Since CP = (SP x 100) + (100 + profit %

CP = (230x 100) + (100 + 15)

CP = 23000 + 115 = Rs. 200

Also,

Profit = SP – CP

= Rs. (230 – 200)

= Rs. 30 Actual profit