Question

If sp is 86.4 and there is a profit of 20% then what is the cp

Answer 1

Answer:

selling price =86.4

profit =20%

20%of86.4

20/100*86.4

17.28

selling price=cost price + profit

86.4=cost price +17.28

86.4-17.28=cost price

69.12=cost price

therefore cost price=69.12

Answer 2

Answer:

The CP will be 72.

Step-by-step explanation:

Here ,

Given SP = 86.4

and CP=? (Imagine as x)

We know that SP=CP+Profit

and profit = Cp*(Profit percent)/100

Thus

SP=CP*(100+Profit percent)/100

86.4=CP*120/100;

CP=72.

Thanks!