Question

If a chair was sold for Rs.1007 with a profit of 6% Then the cost price is

Answer 1

Answer:

Rs947

Step-by-step explanation:

S.P=1007

PROFIT PERCENT=6%

C.P.=?

C.P=S.P-Profit in ruppes

hence profit in ruppes=profit percent×S.P.

=6/100×1007

=60 Rs

C.P.=S.P.-profit

=1007-60

=Rs947

Answer 2

Step-by-step explanation:

SP=1007

profit =6%

CP=?

CP=SP-profit

profit=profit x 1007/100

6x1007/100

=60

cost price is SP-profit

=1007-68

947

so CP is 947

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