An article was sold in₹ 250 at aprofit of 5%. What was cost price
Answers
Answered by
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SP of an article = ₹ 250
Profit = 5%
CP = {.100/(100+ gain%)×SP
= 100/(100+5)× ₹ 250
= 100/105× ₹ 250
=₹ 238.09
Profit = 5%
CP = {.100/(100+ gain%)×SP
= 100/(100+5)× ₹ 250
= 100/105× ₹ 250
=₹ 238.09
Answered by
0
Answer:
Rs 238.10
Step-by-step explanation:
Profit = 5%
Selling Price = 100 + 5 = 105%
Selling Price = 105%
Selling Price = Rs 250
105% = Rs 250
1% = 250 ÷ 105 = Rs 50/21
100% = 50/21 x 100 = Rs 238.10
Answer: The cost price is Rs 238.10
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