if a article is sold for rupees 120 and the profit is one third of the cost price the cost price is equals to
ashishraj63:
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hii!!
the cost price= 90/-
and the profit= ₹ 30
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Answer:
Cost price= Rs 90
Step-by-step explanation:
SP = Rs 120
Let cost price= x
Then profit= x/3
We know that:
Profit = SP - CP
x/3= 120 - x
x= 360 - 3x
4x =360
x= 90
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