Question

find cp if sp=8900 profit=6.5%

Answer 1

Hi ,

Selling price ( SP ) = 8900

Profit ( g ) = 6.5%

CP = ?

CP = ( SP × 100 ) / ( 100 + g )

= ( 8900 × 100 ) / ( 100 - 6.5 )

= ( 8900 × 100 ) / 93.5

= Rs 9518.72

I hope this helps you.

:)