Question

if SP is 540 and profit is 20% find the CP.

Answer 1

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Given ,

⇨Selling price = Rs 540

⇨Profit = 20%

⇨Cost price = ?

Now Lets go find Cost price ,

⇨20 % profit will mean if CP is Rs 100

⇨Profit is Rs 20

⇨Therefore, Sp = 100 + 20 = 120 cm

⇨Now , When S.p is Rs 120 , then Cp is Rs 100

⇨Therefore , when Sp is Rs 540

⇨Then Cp = 100 / 120 × 540 = Rs 450

⇨C.P ( Cost price ) = Rs 450

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As we know that .

⇨C.P = Cost price

⇨S.P = Selling price

⇨Gain = Proft

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Answer 2

Answer:

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