Question

an article was sold for rs 252 with a profit of 5% what was its cost price

Answer 1

Step-by-step explanation:

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

Answer 2

Cp=sp/100+gain percent ×100/1

= 252/100+5×100

=252/105 × 100

=5040/21

cp =240