If 1kg wheat is sold for rs 15 the profit is 20%. What is the cost price of 5kg wheat?
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Answer: 60 Rs
Step-by-step explanation:
1kg
S.p. = 15
C.p. = ?
P% = 20%
C.p. = S.p. - p%
= 15 - 20% of 15
= 15 - 3
= 12
C.p. of 1 kg of wheat = 12 rs
C.p. of 5 kg of wheat = 12 × 5 = 60 rs
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