Question

Amit Sold His secondary hand car for 132000 making a profit of 10% find the cost price of the car

Answer 1

Solutions :-

Given :
Selling price of Second hand car = Rs 132000
Profit = 10%

Find the cost price of car :-

C.P = (S.P × 100)/(100 + Profit)
= (132000 × 100)/(100 + 10)
= 13200000/110
= 120000


Hence,
The cost price of the car = Rs 120000

Answer 2

S.P.→132000
Profit→10%
===
===
Formula:-
C.P.→(100/100+profit)×S.P.
==
==
C.P.→(100/110)×132000
C.P.→Rs.120,300