Question

find the cost price of an article which is sold for ₹ 4048 thereby making a profit of 15% ???​

Answer 1

Answer:

3520

Step-by-step explanation:

Let us assume the CP to be x

Selling price (SP)= Rs 4048

since the profit % is 15%

Therefore the profit will be 15% of cp

Profit P = (15/100) X x

P= 15x/100

Using formula- Profit= SP - CP

15x/100 = 4048- x

4048 = 15x/100 + x

4048 = 115x/100

\frac{4048 \times 100}{115} = x

115

4048×100

=x

therefore

x = 3520

Answer 2

Given:-

• An article is sold for Rs.4048 thereby making a profit of 15%.

⠀

To find:-

• Cost price of an article.

⠀

Solution:-

Let,

• the cost price be x.

⠀

Here,

• Selling price (SP) = Rs.4048
• Profit% = 15%

⠀

According to the question,

→ Profit = (15/100) × x

→ P = 15x/100

★Formula used:-

→ Profit = SP - CP

→ 15x/100 = 4048 - x

→ 4048 = 15x/100 + x

→ 4048 = 115x/100

→ 4048 × 100/115 = x

→ x = 404800/115

→ x = Rs.3520

⠀

Hence,

• the cost price of an article is Rs.3520.