Question

if s.p is rs 242 and profit% is 10%then find c.p and profit​

Answer 1

Sp=cp+profit
Sp=cp+10cp/100
Sp=11cp/10

As sp=242
242=11cp/10
242*10/11=cp
Cp=220 rs.
Profit=sp-cp
Profit=242-220
Profit=22 rs