An article is sold at a profit of 30,Which respresents 15% of the selling price.Find the cost price
Answers
Answered by
21
Answer:
Let SP=X
15/100 x X=30
3/20x=30
3x= 30 x 20=600
x=600/3=200
CP=x+30=200
x or CP=200-30=170
Therefore,the cost price is Rs 170.
Step-by-step explanation:
Answered by
52
Answer:
- The cost price of an article is Rs 170.
Step-by-step explanation:
Given that:
- An article is sold at a profit of 30, which represents 15% of the selling price.
To Find:
- The cost price of an article.
Let us assume:
- The cost price of an article be x.
Finding the selling price of an article:
- Selling price = Cost price + Profit
- Selling price = x + 30
Finding the cost price of an article:
According to the question.
⟿ 15% of (x + 30) = 30
⟿ 0.15 (x + 30) = 30
⟿ x + 30 = 30/0.15
⟿ x + 30 = 200
⟿ x = 200 - 30
⟿ x = 170
Hence,
- The cost price of an article = Rs 170
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