Question

By selling a saree for rupees 2000,the shopkeeper made a profit of 20%What was the CP of saree.​

Answer 1

Answer:

Step-by-step explanation:

Let,

the cost price is 100 rupees

the selling price is 120 rupees

Now,

If the selling price is 120 rupees, Cost price is 100 rupees

If the selling price is   1    rupees, Cost price is $\frac{100}{120}$ or $\frac{5}{6}$ rupees

If the selling price is 2000 rupees, Cost price is $\frac{5X2000}{6}$ rupees

                                                                              =  1666.667 (Approx.)

Ans: 1666.7 rupees (Approx.)

[N.B] Be sure to write (Approx.) or you will get a zero.

Answer 2

Answer :

1666.67

Given :

Selling price = Rs. 2000

Profit = 20%

To find :

Cost price

Solution :

Selling price = Rs. 2000

Profit = 20%

$\sf \: Cost \: price = \dfrac{100 + Profit}{100} \times s.p$

$\sf \: Cost \: price = \dfrac{100 + 20}{100} \times 2000$

$\sf \: Cost \: price = \dfrac{120}{100} \times 2000$

$\sf \: Cost \: price = \dfrac{200000}{120}$

Hence, the cost price of the Saree is Rs. 1666.67

Know more :-

$\sf \: Cost \: price = \dfrac{100 + Profit}{100} \times s.p$