Question

an article was sold for Rs 250 with a profit of 5% what is its cost price​

Answer 1

Selling price of an article = Rs 250 Profit = 5% Cost price = (100 x SP) / ( 100 + gain)Cost price = (100 x 250) / 105 Cost price = (100 x 250) / 105 = Rs. 238

Answer 2

Answer:

238

Step-by-step explanation:

Selling price of an article = Rs 250

Profit = 5%

Cost price = (100 x SP) / ( 100 + gain)

Cost price = (100 x 250) / 105

Cost price = (100 x 250) / 105 = Rs. 238