Find the Cost price when : S.P. = rs 1500 and gain = 20% tell me the answer first I mark you as brainliest and tell me the answer step by step and send me the photo
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Given that Selling price (SP) of any article is ₹1500 and gain is 20%
We have to find Cost price (CP) of article.
In this question, we have SP and Gain% so to find CP,
Required Formula:
Put value in above formula:
Therefore,
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Answer:
Given :
Selling price (SP) = Rs.1500
Gain% = 20%
To find:
Cost price (CP)
Solution :
The relation between Cost price (CP) , Selling price (SP) & Gain% is ,
Gain percentage= Sp-Cp/Cp×100
We have ,
SP = Rs.1500
Gain% = 20%
Substituting the values in the formula ,
=20×1500×Cp/Cp×100
20Cp=(1500-Cp)100
20CP=1500(100)-100Cp
20Cp+100Cp=1500×100
120Cp=1500×100
Cp=1500×100/120
Cp=₹1250
Hence cost price is ₹1250
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