Question

If Selling Price is 3000 with 20℅ profit what is cost price

Answer 1

Answer:

2500

Step-by-step explanation:

CP +  (20% of CP) = SP          ..................................(ITS A PROFIT SO CP<SP)

CP(100% + 20%) = 3000

CP(120%) = 3000

CP = 3000 * 100/120 = 2500

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