Question

c. Find the cost price of an article that is sold for
1300 at a profit of 30%.​

Answer 1

C.P. = ₹1,000

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Answer 2

Step-by-step explanation:

Let CP =x=x, so S.P =1.2x

When CP is Rs. 100 less,

CP=x−100

SP=1.2x−100

Now,

1.2x−100=1.24×(x−100)

On solving , we get

x=600

CP=Rs.600