Question

An article was sold for peace 250 with the profit of 5% what was its cost price​

Answer 1

Answer:

CP = 100 * SP/ 100 + G%

= 25000/105 = 238.0952

Step-by-step explanation:

PLEASE MARK ME AS BRAINLIEST

Answer 2

Answer:

Cost Price of the article = Rs 238

Step-by-step explanation:

Selling price of an article = Rs 250

Profit percentage = 5 %

We know that,

Profit Percentage = $\frac{SP-CP}{CP}*100$

⇒ 5 = $\frac{250-CP}{CP}*100$

⇒ 5CP = ( 250 - CP) × 100

⇒ 5CP = 25,000 - 100CP

⇒ 5CP + 100CP = 25,000

⇒ 105CP = 25,000

⇒ CP = $\frac{25,000}{105}$

∴ CP = 238

Therefore,

Cost Price of the article = Rs 238