Question

By selling a cycle for rupees 1680 a shopkeeper made a profit of rupees 240. find the cost price of the cycle. Find the profit percent also.

Answer 1

Answer:

₹1440

Step-by-step explanation:

S.P. of Cycle = ₹1680

Profit = ₹240

C.P. = S.P. - Profit

= ₹1680-₹240

= ₹1440

Therefore, Cost Price of a cycle is ₹1440.

Answer 2

Step-by-step explanation:

profit = S. P. - C. P

profit= 240 rs

S. P = 1680 rs

Profit = 1680 - C. P

240 = 1680 - C. P

C. P = 1680 - 240

C. P = 1440 Rs

Profit% = profit/C.P *100

Profit% = 240/1440 *100

= 16.67%

S. P = Selling Price

C. P = Cost Price/ Original Price