Question

Find the CP if S.P Rs 12, profit = 20%​

Answer 1

Step-by-step explanation:

sp =12, profit =20%

sp= cp(1+g%)

12 = cp(1+20%) = cp(1+0.2)=cp×1.2

cp=12/1.2=10

cp=Rs 10

Answer 2

Answer:

CP = 10

Step-by-step explanation:

Now, CP= SP*100 /100 +PROFIT %

SO, SP =₹12

Profit =20%

CP =?

According to the question,

12*100/100 +20

1200/120 = ₹10