A trader sell an article for rs 600 gaining 1/10 of his outly. find the cost price of the article.
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Question:-
- A trader sell an article for rs 600 gaining 1/10 of his outly. find the cost price of the article.
Answer:-
Let cost price be 'x'.
The profit is 1/10 of the cost price.
Trader sells an article at ₹ 600.
Selling price = cost price + profit
600 = x + 1/10
600 = 1/10x
600 = 1.1x
600/1.1 = x
x = 545.45 (approximately)
So, Cost price = 545.45
Solution:-
- Cost price is 545.45 (approximately).
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