Question

By selling a toy car for rupees 540, the shopkeeper made 20% profit .what is the cost price of toy car?

Answer 1

Answer:

Hope it will help you.....

Answer 2

Step-by-step explanation:

SP=540

Profit percent=20%

Let CP be x

Profit=20% of x

= 20/100× x

= x/5

CP=SP - Profit

x=540-x/5

x+x/5=540

5x+x/5=540

6x/5=540

x/5=540/6

x=90×5

x=450

Hence the cost price of the car is 450

rupees.