Question

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

Answer 1

Answer:

238.09

Step-by-step explanation:

selling price,sp = 250

profit % = 5%

cost price = 100%

selling price = 105%

so 105% = 250

250/105 *100 = rs. 238.09

Answer 2

Step-by-step explanation:

S.P=250 Profit= 5%.

C.P= ?

C.P

$100 \div (100 + 5) \times 250$

238.10 is the cost price