Question

find cp if sp=870 profit = 6 percent​

Answer 1

Answer:

rs.820.75

Step-by-step explanation:

let C.P is rs.100

profit percentage =6%

therefore,S.P=6/100×100

=rs.6

S.P=100+6=RS.106

therefore,If S.P is 106 then,C.P is 100

If S.P is 1 then,C.P is 100/106

then,S.P is 870 ,C.P is 100/106×870

=43500/53

=rs.820.75

Answer 2

As per the data given in the question,

We have to determine the value of CP in the given condition.

As per question,

SP = Rs. 870

Profit percentage = 6%

As we know that,

Profit and loss are calculated on Cost price.

So, we can say that,

$SP = CP +\%Profit\\=>SP = CP +6\%\:of \:CP$

So, let the CP of the object = 100x

So,

$SP = 100x +6%\:of\:100x\\=>870 = 100x + 6x\\=>106x = 870\\=>x = \frac{870}{106}\\=>x = 82.075$

Hence, approximate value of CP of the item will be Rs. 82.075 which is approximately equal to Rs. 82.