Question

If a shopkeeper sells a toy for 498 Rs. And earns a 20 0/0 profit, what is the cost price of the toy?​

Answer 1

Step-by-step explanation:

she not only gave us a fine dinner drove us back home

Answer 2

Answer:

Rs 415

Step-by-step explanation:

Given,

Selling Price of the toy = 498 Rs

Profit = 20%

To find,

Cost Price of the toy

Procedure,

$CP = \frac{100 }{100 + profit\%} \times SP$

$CP = \frac{100 }{100 + 20} \times 498$

$CP = \frac{100}{120} \times 498$

$CP = \frac{49800}{120}$

$CP = 415$

Therefore, the Cost Price of the toy is Rs 415.

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