Question

By selling a flower vase for rupees 600 a shopkeeper gains 15% find its c.p ?

Answer 1

Percentage of the selling price = 100 + 15% = 115%

Selling price = Rs 600

Find the cost price:

115% = 600

1% = 600 ÷ 115 = 5.21

100% = 5.21 x 100 = Rs 521

Answer: The cost price is Rs 521