Question

by selling a bedsheet for rs 640, a shopkeeper earns profit of 28% how much did it cost of the shopkeeper ?

Answer 1

SP = 640
Profit% = 28%
CP = ?
Let the CP be x
$x \times \frac{(100 + 28)}{100} = 640 \\ x \times \frac{128}{100} = 640 \\ x \times 1.28 = 640 \\ x = \frac{640}{1.28} = 500$
Therefore CP = 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.