Question

if by selling an item for 275,10% profit is earned. what is the cost price​

Answer 1

Answer:

CP=Rs.250

Step-by-step explanation:

Let the CP be x

SP=CP+P

275=x+10/100×x

275=11x/10

x=275×10/11=250

CP=Rs.250

Answer 2

Answer:

let the CP be Rs x.

Then,it's profit = Rs(x × 10/100)

= Rs(x × 1/10)

= Rs(x/10)

And,it's SP = Rs(x + x/10)

= Rs(11x/10)

According to the question :

11x/10 = 275

11x = 275 × 10

x = 2750 ÷ 11

x = 250

CP = Rs x

= Rs250