Question

An item when sold for ₹1169 earned 40% profit on the cost price.What is the cost price??​

Answer 1

ANSWER

Let the C.P., of the item = Rs. x. 

Then, x+40% of x=116

⇒x+52x=1169

⇒57x=1169

⇒x+71169×5= Rs. 853

Answer 2

Answer:

₹853

Step-by-step explanation:

Let the C.P., of the item = Rs. x.

Then, x+40% of x=116

⇒x+ 2x/5=1169

⇒7x/5 =1169

⇒x+ (1169×5)/7

= ₹ 853

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