Question

if the person sell rs 1200 the profit percent is 10% what is the cost price ​

Answer 1

Answer:

Selina solutions

Grade 7

Biology

Mathematics

Physics

Chapters in CONCISE Mathematics - Middle School - 7

Exercises in Profit, Loss and Discount

Question 9

Q9) The cost price of an article is Rs. 1,200 and selling price is \frac{5}{4}

4

5

times of its cost price. Find:

(i) the selling price of the article

(ii) profit or loss as a percent.

Solution:

Cost price (CP) = Rs. 1200

∴ SP = \frac{5}{4}\ of\ CP=\frac{5}{4}\times1200=Rs.1500

4

5

of CP=

4

5

×1200=Rs.1500

∴ Gain = SP - CP = 1500 - 1200 = Rs. 300

∴ Gain % = \frac{gain\times100}{CP}=\frac{300\times100}{1200}=25\%

CP

gain×100

=

1200

300×100

=25%