Question

A sold cycles for Rs.3480 @ 20% profit. Find the cost price ........ ​

Answer 1

cycles cost 2900 and 20% profit 2900 ge 580

Answer 2

Hola!!

Here is your answer :-


Sp = Rs. 3480
Profit =20%

Then, we know that


$cp = \frac{100}{100 + profit \: percent} \times sp \\ \\ \\ so \: cp = \frac{100}{100 + 20 } \times 3480 \\ \\ cp = \frac{100}{120} \times 3480 \\ \\ cp = 100 \times 29 \\ \\ cp = 2900$


So, the cost price is 2900 ...


Thanks! ❤