AN ARTICLE WAS SOLD FOR RS 250 WITH A PROFIT OF 5 PERCENT WHAT WAS ITS COST PRICE
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Answered by
260
SP = 250
profit = 5%
CP = ?
profit = (SP - CP)/CP
⇒ 5/100 = (250-CP)/CP
⇒0.05×CP = 250 - CP
⇒ 0.05CP + CP = 250
⇒1.05 CP = 250
⇒ CP = 250/1.05 = Rs. 238.1
Cost Price is Rs.238.1
profit = 5%
CP = ?
profit = (SP - CP)/CP
⇒ 5/100 = (250-CP)/CP
⇒0.05×CP = 250 - CP
⇒ 0.05CP + CP = 250
⇒1.05 CP = 250
⇒ CP = 250/1.05 = Rs. 238.1
Cost Price is Rs.238.1
punit7172:
EASY STEP IS NOT THERE
which easy step?
Answered by
142
Let Cp=x
at profit 5% sp=105x/100
ATQ,'
105x/100=250
⇒x=250X100/105
⇒X=238.1
So the Cp is Rs.238.1
at profit 5% sp=105x/100
ATQ,'
105x/100=250
⇒x=250X100/105
⇒X=238.1
So the Cp is Rs.238.1
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