Question

By selling an article for Rs 1,12,000 a girl gains 40%. Find the cost price?

Answer 1

Answer:

CP=100/100+gain×SP

CP=100/100+40×112000

CP=100/140×112000

CP=5/7×112000

CP=80,000

hence the cost price is 80000

Answer 2

Answer:

Step-by-step explanation:

Cp- 100. -?

Profit-40. -

Sp- 140- 112000

Cp = 112000*100/140=80000