Question

find the cost prc of sp=rps 500; gain =5%​

Answer 1

Answer:

₹ 476.19

Step-by-step explanation:

Selling price = ₹ 500

Profit             = 5 %

Cost Price = [100 / (100 + Gain%)] * Selling price

Cost price =  [100 / (100 + 5)] * 500

Cost price =  [100 / (105)] * 500

Cost price =  100 * 500 / 105

Cost price =  ₹ 476.19