by selling an article for rs 4800, a person gain 20% . find the CP of the article
Answers
★ CORRECT QUESTION ✔︎ :•
BY SELLING AN ARTICLE FOR Rs. 480 , A PERSON GAIN 20 % . FIND TJE COST PRICE OF AN ARTICLE .
➜ GIVEN :•
- Sale price of an article = Rs. 480
- Gain / Profit percentage = 20 %
➜ WHAT WE NEED :•
- Cost price of an article = ???
➜ REQUIRED FORMULA :•
★ 100. × S. P
100 + gain %
➜ SOLUTION :•
Costprice of Article = 100 × S.P
100 + gain %
= 100 × 480
100 + 20
= 100 × 480
120
= 48000
120
= 400 rupees
:• Hence Verified ; That the Cost price of an article is 400 rupees .
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