Question

if a article is sold for rupees 120 and the profit is one third of the cost price the cost price is equals to​

Answer 1

hii!!

the cost price= 90/-

and the profit= ₹ 30

Answer 2

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