Question

am article was sold for Rs650 and a profit of 5%. what was its cost price???
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Answer 1

Answer:-

→ Cost price of article = 619.05 ( approx)

Step - by - step explanation:-

Solution :-

To find :-

Find cost price for tha given data .

Given -

Selling price of an article (SP) = ₹ 650

Profit on it = 5%

Let, Cost price( CP) = x

We know that,

$\implies \bf{ \: profit \: (\%) = \frac{(</em><em>SP</em><em> \: - </em><em>CP</em><em>)}{</em><em>CP</em><em>} \times 100} \\ \\ \implies \: \bf{5 = \frac{(650 - x) }{</em><em>x</em><em>} \times 100} \\ \\ \implies \bf{ \: 5 \: x = 65000 - 100 \: x} \\ \\ \implies \: \bf{ 105 \: x = 65000} \\ \\ \implies \: \bf{x = \frac{65000}{105} } \\ \\ \implies \: \boxed{ \bf{x \: = 619 .05 \: (approx)}}$

Hence ,

Cost price of Article = ₹ 619.05 ( approx

Answer 2

Answer:

cost price of an article =Rs.619.04

Step-by-step explanation: