if the selling price is 3500 and profit is 600 so what is the cost price
Answers
Answered by
0
Answer:
The cost price is Rs. 2,900 when selling price is Rs.3,500 and profit is Rs.600
Step-by-step explanation:
Given:
Selling Price= Rs. 3500
Profit = Rs. 600
As we know that,
Cost price = Selling price - profit
= 3500 - 600
=2900 RS.
Answered by
0
Answer:
Hence the cost price is Rs.2900
Step-by-step explanation:
As per the data given in the above question,
The given value is the selling price is Rs.3500
The profit in selling is Rs.600
We have to find the cost price.
Here we have to use the formula of profit,
Profit = Selling price - Cost price,
That is P= S.P -C.P
Where S.P is selling price,
And C.P is cost price,
substitute the value in the above equation we get,
Hence the cost price is Rs.2900
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