Question

find the cost price of an article which was sold for rs 3250with a profit of 5%​

Answer 1

Answer:

Step-by-step explanation:

SP = Rs. 3250

Profit = 5%

Therefore, CP = SP × 100 /100 + gain%

= 3250 × 100 / 100 + 5

= 3250 × 100 / 105

= 3095.2 answer.

Answer 2

➤ Given :-

Selling price of an article :- ₹ 3250

Profit percentage :- 5%

➤ To Find :-

Cost price of an article

➤ Formula required :-

${\large \tt \dashrightarrow \orange{\boxed{\tt \gray{\dfrac{SP \times 100}{100 + Profit \: \bf\%} }}}}$

➤ Solution :-

Cost price :-

$\tt \longrightarrow \dfrac{3250 \times 100}{100 + 5}$

${\tt \longrightarrow \dfrac{3250 \times \cancel{100}}{ \cancel{105}} = \dfrac{3250 \times 20}{21}}$

${\tt \longrightarrow \dfrac{65000}{21} = \boxed{\tt Rs \: \: 3095.2}}$

$\Huge\therefore$ The cost price of the article is ₹ 3095.2.

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$\dashrightarrow$ Some related formulas :-

Profit :- ${\boxed{\tt SP-CP}}$

Loss :- ${\boxed{\tt CP-SP}}$

Profit percentage :- $\boxed{\tt\dfrac{Profit}{CP} \times 100}$

Loss percentage :- ${\boxed{\tt\dfrac{Loss}{CP} \times 100}}$

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More to know :-

• Profit and loss are obtained for all shopkeepers in their shops. The profit is obtained when the selling price is greater than cost price. The loss is obtained when the cost price is greater than selling price. The profit and loss can also be converted into percentage format by some mathematical formulas.
• To convert the profit to percentage from, first we should divide the profit and cost price and then multiply by 100.
• To convert the loss to percentage form, first we should divide the loss and cost price and then multiply by 100.