Question

An article is sold for RS.2400 with 20% profit.What was it cost price?

Answer 1

Answer:

Rs. 2000

Step-by-step explanation:

Let the Cost Price be x

Therefore, 120% of x will be 2400

$\frac{120}{100}$ × x = 2400

x = $\frac{2400 * 100}{120}$ = 2000

Therefore, the cost price is 2000 Rs.

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Answer 2

Answer:

Rs.2000

Step-by-step explanation:

Answer

Let the cost price be X

So, 120% of X will be 2400

× X = 2400

X = =2000

=2000

so cost price is Rs.2000