If a cycle is sold for 252at a gain of 5%. Find its cost price
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selling price =rs 250
profit=5%
profit%=(sp-cp) / cp x 100
5=(250-cp) / cp x 100
105cp= 25000
cp=Rs238
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Answered by
1
Answer:
CP = 240
Explanation:
CP= ( 100/ 100+profit%) × SP
CP= (100/100+5) × 252
CP= (100/105) ×252
CP=240
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