(b) Sumit sold his music system for 5472 at a profit of 1729. Find the cost price
of the music system.
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Given:
S.P = Rs. 5472
Profit = Rs. 1729
To find : C.P (Cost Price)
Solution:
As we know that,
Profit = S.P - C.P
So,
C.P = S.P - Profit
Therefore,
C.P = Rs. 5472 - Rs. 1729
C.P = Rs. 3743
Hence,
The cost price of the music system is Rs. 3743.
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