Question

by selling a bedsheet of 500 a shopkeeper earn a profit of 20% how much did it coast of shopkeeper

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Answer 1

Answer:

20/100 x 500

Step-by-step explanation:

20/100 x 500

=100

So, 500-100

=400

therefore the shopkeeper bought it for Rs. 400.

Answer 2

Step-by-step explanation:

CP + Profit = SP

CP + 20% OF CP = 500

$x + \frac{1}{5} x = 500$

$\frac{6x}{5} = 500$

$6x = 2500$

$x = \frac{2500}{6}$

$x = 416.67$

Cost price = Rs. 416.67