Question

By selling a moter cycle for 23,000 a dealer gains 15℅ .find it`s cost prize

Answer 1

sp =₹2300
profit=15%

cp= 100/100+p% * sp

so , cp= ₹2000.

I hope it's help u.

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Answer 2

hi!

here is your answer !

Gain % = 15%
S.P = ₹23,000

$we \: know \: that$
$s.p = ( \frac{gain\% + 100}{100}) \times c.p$

$c.p = \frac{s.p \times 100}{gain\% + 100}$

$c.p = \frac{100 \times 23000}{100 + 15}$

$c.p = \frac{2300000}{115}$

$c.p = 20000$
Therefore,
$cost \: price = 20000rs$
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$hope \: this \: helps$