Question

By selling a chair for ₹522,ashopkeeper
makes a profit of 16 percent. What is its cost price?

Answer 1

follow and Mark as brainlist
a. t. q
S.P will be 522
profit =16%
by through formula,
c.p=s.p.into 100/100+profit %
c.p.=522into 100/116
C. P. =450 ANS
HOPE IT WILL. HELP PLZ MARK AS BRAINLIST AND FOLLOW ME

Answer 2

hello Frnd

Cost price + profit = sales price
and here sales price is given, that is ₹522.

and % of profit on it is 16%

Since we don't know the cost price, to calculate cost price first we have to calculate profit added on it .

Profit =. 522 × 16/116 = ₹ 72

Since profit is ₹72
here cost price will be 522 - 72 = ₹ 450



hope it helps
#jerri