Question

by selling an article for Rs6oo a man
20%. Find the price at which
he purchased the article.​

Answer 1

Q: By selling an article for Rs 600, A man gain 20%. Find the price at which he purchased the article.

Answer:

The price at which he purchased the article is Rs 500.

Step-by-step explanation:

Given that:

• Selling price of an article = Rs 600
• Gain percent = 20%

To Find:

• The price at which he purchased the article.

Formula used:

• Cost price = (SP × 100)/(100 + gain%)

Here,

Selling price is denoted as SP.

Finding the cost price of the article:

• Cost price of the article = Rs (600 × 100)/(100 + 20)
• Cost price of the article = Rs 60000/120
• Cost price of the article = Rs 500

Answer 2

Answer:

Given :-

• SP of article = ₹ 600
• Profit = 20%

To Find :-

CP

SoluTion :-

We know that,

CP = (SP × 100)/(100 + Gain%)

CP = (600 × 100)/(100 + 20)

CP = 60,000/120

CP = 6000/12

CP = 500/1

CP = ₹500