Question

By selling an article for Rs 240, a man makes 20% profit. What is his CP??​

Answer 1

Step-by-step explanation:

profit is of 20 percent

so total selling price would be 120 percent

therefore, 120/100 x=™240

120x =24000

x= 200rs

Answer 2

Cp = sp/( 1 +p/100)

Given

Cp = 24000/120

Cp = 200