An article was sold for ₹250 with a profit lf 5%. What is its cost price
Answers
Answered by
1
Answer:
Selling price = Rs 250
Profit = 5 %
Profit (%) = (SP-CP)/CP x 100
5 = (250-CP)/CP x 100
105CP = 25000
Cost Price = 25000÷105
Cost Price =238.09
Cost Price = Rs 238
Answered by
0
Answer:
Profit %= (sp-cp)/cp ×100
5%= (250-cp)/cp ×100
105CP = 25000
CP = Rs 238
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