Question

By selling an article at $750 a preson make 20%gain. the cp of the article is

Answer 1

Given,
SP of article = $ 750
Gain % = 20%
CP of article = SP × 100/(100+gain%)
=> 750×100/120
=> 75000/120
=> 625
hence, the CP of article is $ 625 .

Answer 2

Given,
SP of article = $ 750
Profit % = 20%
CP = SP × 100/(100+gain%)
=> 75000/120
=> 625
CP = $ 625.