Question

an article was sold for rupees 250 with the profit of 5% what was its cost price

Answer 1

5% of SP
5/100*250=12.5
SP+profit=CP
250+12.5=262.5

Answer 2

Answer: 238.10

Step-by-step explanation:

5 % profit means

if cp is 100 then sp is 105

So when sp 105 then cp = 100

And when sp 1 then cp = 100/105

So when sp 250 then cp

= 100×250÷105

=25000÷105

=238.095

= 238.10 approx