Question

find the c.p if sp = ₹ 2380 ,profit = 19%​

Answer 1

Answer:

₹2000

Step-by-step explanation:

The basic formulas that we have with us are:

• Gain=SP-CP
• Loss=CP-SP
• SP=((100±gain/loss %)*CP)/100
• CP=((100*SP)/(100±gain/loss %))

where

CP=cost price

SP=selling price

gain%= percentage gain

loss%=percentage loss

The data given to us is :

SP=₹2380

Profit=19%

We have to find CP therefore from the above mentioned formulas we can use the last one ie

CP=((100*SP)/(100±gain/loss %))

Since all the required information is given to us we have to just directly plug in the values to get CP. On doing so we get:

CP=((100*2380)/(100+19))

=₹2000

Therefore the CP is ₹2000

Hope this helps.

Answer 2

profit%= $\frac{sp - cp}{100}$