Question

a shopkepper sells an article at rupees 300, thus earning a profit of 20%.find the cost price of the article

Answer 1

selling price of article=300
Profit%=20%
Let cp be x

A.T.S.

x+20%of x=300
$x + \frac{20}{100} \times x = 300$
$x + \frac{1}{5} \times x = 300$
$x + \frac{1}{5} x = 300$
$\frac{5x + x}{5} = 300$
6x=300×5
6x=1500
$x = \frac{1500}{6}$
x=250
Cost price of article=250

PLEASE MARK THIS ANSWER AS BRAINLIEST IF YOU FOUND IT HELPFUL!

Answer 2

Solutions :-

Given :
Selling price of article = Rs 300
Profit = 20%


Find the cost price of article :-

C.P = (S.P × 100)/(100 + Profit)
= (300 × 100)/(100 + 20)
= 30000/120
= 250


Hence,
Cost Price of article = Rs 250

_______________________

✯ @shivamsinghamrajput ✯