Question

If a handbag is sold of rupees 2000, at a gain of 20% on cost price then the cost price is

Answer 1

Solution:-
a) S.P of the handbag -RS. 2000
profit percentage-20%
therefore profit gained -20/100×2000
=RS. 400

b) Profit gained=RS.400
S.P of the handbag =RS.2000
therefore C.P of the handbag=2000-400
=RS.1,600

Answer:- The C.P of the bag is RS.1,600




hope it's right

Answer 2

Solution:-

a) S.P of the handbag -RS. 2000

profit percentage-20%

therefore profit gained -20/100×2000

=RS. 400

b) Profit gained=RS.400

S.P of the handbag =RS.2000

therefore C.P of the handbag=2000-400

=RS.1,600

Answer:- The C.P of the bag is RS.1,600