early sold a toy for₹240 and earned a profit of 20%. what was the cost price?
Answers
Answered by
9
Answer:
The cost price is 200 rupees.
Step-by-step explanation:
CP=(SP*100)/100+profit percentage
CP=(240*100)/100+20
CP=(24000)/120
CP=200 rupees
VERIFICATION:
20% of 200=(20/100)*200
(1/5)*200
=40
So 200+40=240 rupees which is the original selling price.
Answered by
6
:
The cost price is 200 rupees.
CP=(SP*100)/100+profit percentage
CP=(240*100)/100+20
CP=(24000)/120
CP=200 rupees
VERIFICATION:
20% of 200=(20/100)*200
(1/5)*200
=40
So 200+40=240 rupees which is the original selling price.
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