Question

By selling an article for RS 16,000a shopkeeper makes a profit of 25% .Find the Cost price of the article ​

Answer 1

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Answer 2

Answer:

₹12800

Explanation:

Given :

Selling price of an article,SP = ₹16000

Profit % = 25

To Find :

Cost Price of the article,CP

Solution :

We know :

$\sf{}CP=\dfrac{100}{100+P \%}\timesSP$

Put their values and solve it.

$\Rightarrow\sf{}CP=\dfrac{100}{100+25 }\times16000$

$\Rightarrow \sf{}CP=\dfrac{100}{125}\times16000$

$\Rightarrow \sf{}CP=\dfrac{100}{25}\times3200$

$\Rightarrow \sf{}CP=\dfrac{100}{5}\times1280$

$\Rightarrow \sf{}CP=\dfrac{100}{1}\times1280$

$\Rightarrow \sf{}CP=12800$

Therefore Cost Price of the article is ₹12800