Question

By selling an item for ₹1260 a man makes a profit of 5%. Find the profit (in₹) and the cost price of the item.

NOTE:- PLEASE WRITE CORRECT/NECESSARY ANSWERS OR IT WILL BE REPORTED.
​

Answer 1

Answer:

this question is answer is 63

Answer 2

☆ANSWER:-

☞Given:-

• Selling price = ₹1260
• Profit. = 5%

☞A.T.Q:-

We first find the profit (in '₹')

So, profit = 20% of ₹1260

$\frac{20}{100} \times 1260$

∴ Profit is of ₹252

So, Cost price = ₹ $1260 - 252$

∴ Cost price of the article is ₹1,008

Extras:-

• Selling price = C.P + Profit or

M.P - loss (it depends)

• Cost price = S.P - Profit or

S.P + Profit (depends)