Question

if the article is sold for rs 120 and the profit is 1/3 of the cost price. find the cost price

Answer 1

Answer:

Rs. 90

Step-by-step explanation:

Let the CP be x.

Given : SP = Rs. 120

Also,

SP = CP + Profit

Since Profit is 1 / 3 of CP,

120 = x + ( x / 3 )

120 = ( 3x + x ) / 3

360 = 4x

4x = 360

x = Rs. 90

ANS = Rs. 90

Answer 2

Answer:

Step-by-step explanation:

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