Question

by selling article for #4350 to shopkeeper gains 20% .find the cost price of the article

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Answer 1

Answer: Rs 3625

Step-by-step explanation:

Given,

SP of the article = Rs 4350

Gain = 20%

CP = 100xSP/100+gain%

= 100x4350/20+100

=435000/120 = 43500/12 (0 cancelled )

= Rs 3625 ( ans )

Hope this helps :)

( P.S - I have used formula )

Answer 2

Answer:

The cost price of an article is Rs. $3625$.

Step-by-step explanation:

Given : The selling price of an article = Rs. $4350$

                             Percentage gain = $20$%

To find : The cost price of an article = ?

Solution :

• It is given that the selling price of an article = Rs. $4350$

                             Percentage gain = $20$%

• We have to find the cost price of an article.
• Let $x$ be the cost price of an article.
• We know that gain or profit is made when the selling price is greater than the cost price.
• According to above condition, we get an equation,

         Selling price = Cost price + Gain

                  ∴  $4350=x+\frac{20}{100} *x$  

                   ∴  $4350 = x+\frac{20x}{100}$

                   ∴  $4350=\frac{100x+20x}{100}$

                   ∴  $435000=120x$

                           ∴  $x=\frac{435000}{120}$

                            ∴  $x=3625$

• ∴  The cost price of an article is Rs. $3625$.