Question

By selling a bedsheet for ₹640 a shoopkeeper earns a profit of 28% . How much did it cost the shoopkeeper

Answer 1

Selling price = rs.640
Profit%=28
Cost price =
100
--------- ×640
(100+28)

100
= ---------×640
128
=rs.500

Answer 2

Answer:

Given:

By selling a bed sheet for rupees 640 A shopkeeper earns a profit of 28%

Find:

how much did it cost the shopkeeper.

Calculation:

$\sf\frac{128}{100} \times x = 640$

Let x be the cost price of bed sheet.

$\sf x = 640 \times \frac{100}{128}$

$\sf x = 500 Rs$

Therefore, 500 is the cost of shopkeeper.