Question

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Selling price of a toy car is rs.540. If the profit made by shopkeeper is 20%. What is the Cost price of this toy car??


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Answer 1

Bonjour!

Given:

Selling price (S.P.) = Rs 540

Profit % = 20%

Now,

Cost Price (C.P.): (S.P× 100) / (100 + Profit)

So,

= (540 × 100) / (100+20)

= 54000/120

= 450

Hence, Cost price of the toy is Rs 450.

Hope that helps,

Merci!