Question

cost prince and sell price of a substance is 8:x and the profit is 20% find the value of x​

Answer 1

Answer:

Let cp = c and sp = s

since sp contains 20% profit , sp = c + c×(20/100)

sp = c + 0.2×c = c (1+0.2) = 1.2c

c/s = 8/x

c/1.2c = 8/x

1/1.2 = 8/x

x = 1.2×8 = 9.6 Ans