Question

by selling a flower vase for rupees 567 A shopkeeper gains 8% find its cost price

Answer 1

$\mathsf{Given,}$

$\mathsf{For\: \: the \: \: flower \: \: base}$

$\mathsf{SP = Rs\: \: 567}$

Gain = 8%

$\mathsf{Now,}$

$\mathsf{CP = \frac{100}{(100 + gain\%)} \times SP} \\ \\ \: \: \: \: \: \: \mathsf{= Rs \: [\: \frac{100}{(100 + 8)} \times 567}] \\ \\ \: \: \: \: \: \: \mathsf{= Rs \: (\: \frac{100}{108} \times 567})$

$\: \: \: \: \: \: \mathsf{= Rs \: \: 525}$

$\mathsf{Hence, \: \: the \: \: cost \: \: price \: \: of \: \: the} \:\: \\ \mathsf{flower \: \: base \: \: is \: \: Rs \: \: 525.}$

Answer 2

Answer:

Let the cost price be X

So, 108% of X will be 567

108/100 × x = 567

X = 567 × 100 /108 = 525

so cost price is Rs.525.

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