Question

an article was sold for 250 with a profit o 5%. What was its cost price?​

Answer 1

Answer:

S.P = 250

C.p =?

profit % = 5%

thus,

= 5% of 250

= 5/100 × 250

= 12.5

Hence ,

Cost of article

C.p = 250 - 12.5

= ₹ 237.5

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Answer 2

Answer:

Cp = Sp×100/100+ profit%

Sp=250

Profit%= 5%

Step-by-step explanation:

cp=250×100/100+5%

cp=25000/105

cp=238.09