By Selling a chair of 522 rupees a shopkeeper makes it profit of 16 percent.. What is the Cp tell me plz fast
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Answer:
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By selling a chair for ₹522, a shopkeeper makes a profit of 16% is 450.
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Hope my answer helps..........
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Step-by-step explanation:
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Selling price for a chair => ₹522
Profit % => 16%
To find = Cost price of the chair?
Let the cost price be x
Now, Using the Formula of Profit.
Profit = SP -CP
Profit = 522-x
∴ Using Formula of Profit Percentage
Profit% = Profit/Cost price × 100
16% = 522-x/x × 100
16 = 52200-100x/x
16x = 52200-100x
16x+100x = 52200
116x = 52200
∴x = 52200/116
x = 450
Now, the cost price of a Chair = 450
Hence,
By selling a chair for ₹522, a shopkeeper makes a profit of 16% is 450.
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Answered by
0
Step-by-step explanation:
by selling a chair of ₹522 a shopkeeper makes it profit of 16% is 450
I hope it will help you!
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