Question

Find the cost price of : SP = Rs1,680 and Profit = 12%​

Answer 1

☆ Solution ☆

Given :-

• SP = Rs 1,680
• Profit = 12 %

To Find :-

• The cost price

Step-by-Step-Explaination :-

As we know that :-

Cost Price = 100/ ( 100 + Profit % ) × SP

Putting the respective value,

Cost Price = 100/ ( 100 + 12 % ) × 1,680

Cost Price = 100 / 112 × 1,680

Cost Price = 1,500

Hence,

Cost Price = 1,500

Answer 2

Given

Selling Price :- Rs 1,680

Profit Percentage = 12%

We Find

Cost Price of Given

We Know

Formula For CP When SP and Profit Percentage Given :-

$\sf \boxed {\red{ \frac{SP \times 100}{100 + Profit \%} }}$

According To The Question

$\sf \implies { \frac{SP \times 100}{100 + Profit \%} }$

$\sf \implies{ \frac{1680 \times 100}{100 + 12 \%} }$

$\sf \implies{ \frac{168000}{112} }$

$\sf \implies{ \cancel \frac{168000}{112} }$

$\sf \implies{ Rs. 1500 }$

Hence, Cost Price is Rs. 1500.