Question

if antique piece is sold for rupes 125 at a gain of 30% on sale price then what is the profit (need step by step expaination )​

Answer 1

Answer:

SP of the article is = Rs 480 and Profit = 20%

So by using the formula, CP = 100/(100+Profit%) x SP

CP = 100/(100+20) x 480

= 100/120 x 480

= Rs 400

Hence the CP of the article is Rs 400

Answer 2

Answer:

see the attachment dude