Accountancy, asked by Moinkhan6099, 1 year ago

By selling table for rs.56 a man gets persentage of profit equal to the cost.

Answers

Answered by RohitSaketi
0
Hey...Let the cost of the table be x

Selling price of table = 56(given)

Given that the percentage of profit is equivalent to the cost.therefore cost = profit so....profit will also be x.

We know that
Selling price= Cost price + profit
56 =x + x
56 = 2x
28=x

28 is the cost price and also the profit


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