an article was sold rs 250 with profit of 5% what is its cost price
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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
Profit = 5%
Cost price = (100 x SP) / ( 100 + gain)
Cost price = (100 x 250) / 105
Cost price = (100 x 250) / 105 = Rs. 238
samyukta2004:
if it helps make it brainliest
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5% of 250= 5/100×250 = 5/10×25 = 5×2.5 =12.5 so 5% of 250 =12.5, so C.P= S.P + Profit= 250+12.5= 262.5
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