Question

A shopkeeper sells a tricycle for kids at Rs 1260. If 40% profit is earned on selling a tricycle, then what is the cost price of a tricycle?​

Answer 1

Step-by-step explanation:

S.P = ₹1260

P = 40%

C.P = S.P multiply 100

( ÷ )over 100 + Profit%

= 1260*100÷100+40

C.P = ₹900

Mark me as brainliest

hope helpful

Answer 2

Given:

We have given the selling price of tricycle is 1260. and profit is 40%.

To Find:

We have to find the cost of the tricycle?

Step-by-step explanation:

• We have given that a shopkeeper sells a tricycle for kids is Rs.1260 we can write it as

        $S.P=1260$

• We have given the profit on that selling of tricycle is 40%.
• Let the cost price of tricycle is x. And the cost price is denoted by C.P.
• we know profit percentage is calculated by using the formula

       $Profit\%= \frac{Profit}{C.P} \times 100$

• Now profit is given by the subtracting selling price to the cost price.

        Profit= S.P-C.P

• Now put this in above equation we get

       $Profit\%= \frac{S.P-C.P}{C.P} \times 100$

• Now we will put the values in the above equation as S.P=1260, Profit%= 40

       $40=\frac{1260-x}{x} \times100$

• Now we simplify the above equation by cross multiplying the term we get

       $40x=(1260-x)100$

• Now open the bracket and solve it

      $40x=126000-100x$

• Now take the like terms together in the above equation

      $40x+100x=126000\\140x=126000\\x=\frac{126000}{140} =900$

Hence, The Cost price of a tricycle is Rs. 900