Question

if s.p. = 205 rupees and profit = 72 rupees, then C.P is ?​

Answer 1

As per the data given in the question,

We have to determine the CP of the article,

As per question,

It is given that,

SP = Rs. 205

Profit = Rs. 72

As we know that,

CP = SP - Profit

So, putting the value of SP and profit in the above formula.

We will get CP as,

$CP = 205 -72 = Rs. 133$

Hence, Cost Price of the article will be Rs. 133.

Note: Cost price (CP) of the article is that price on which a shopkeeper / person buys any article.

If CP > SP, then there will be "LOSS"

If, CP < SP, then there will be "PROFIT".

Answer 2

Given: Selling price=$205$Rs.,and Profit=$72$Rs.

We have to find the cost price.

As we know that The formula to calculate profit is:

Profit = Total Revenue - Total Expenses

We are solving in the following way:

We have,

Selling price=$205$Rs.,and Profit=$72$Rs.

Therefore,

Cost price=Selling price- Profit

$=>C.P=205-72\\=>C.P.=133$

Hence, the Cost price will be $133$Rs.