If the selling price of an article is ₹200 and made profit of ₹30,then find and cost price of an article
Answers
Answer:
Answer:- Cost price = 170
QUESTION:-
If the selling price of an article is ₹200 and made profit of ₹30,then find and cost price of an article
GIVEN:-
An article with selling Price (SP) = Rs. 200
elling Price (SP) = Rs. 200Profit = Rs. 30
WHAT TO FIND ❓
We have to find the Cost Price (CP)
HOW TO FIND ❓
To find CP we will use,
To find CP we will use,SP - CP = Profit
To find CP we will use,SP - CP = ProfitSolution:
To find CP we will use,SP - CP = ProfitSolution:Using the formula,
To find CP we will use,SP - CP = ProfitSolution:Using the formula,⇒ SP - CP = Profit
To find CP we will use,SP - CP = ProfitSolution:Using the formula,⇒ SP - CP = ProfitSubstitute the value,
To find CP we will use,SP - CP = ProfitSolution:Using the formula,⇒ SP - CP = ProfitSubstitute the value,⇒ Rs. 200 - CP = Rs. 30
To find CP we will use,SP - CP = ProfitSolution:Using the formula,⇒ SP - CP = ProfitSubstitute the value,⇒ Rs. 200 - CP = Rs. 30Take CP to RHS and Rs. 30 to LHS,
To find CP we will use,SP - CP = ProfitSolution:Using the formula,⇒ SP - CP = ProfitSubstitute the value,⇒ Rs. 200 - CP = Rs. 30Take CP to RHS and Rs. 30 to LHS,⇒ Rs. 200 - Rs. 30 = CP
To find CP we will use,SP - CP = ProfitSolution:Using the formula,⇒ SP - CP = ProfitSubstitute the value,⇒ Rs. 200 - CP = Rs. 30Take CP to RHS and Rs. 30 to LHS,⇒ Rs. 200 - Rs. 30 = CPSubtract the amount,
To find CP we will use,SP - CP = ProfitSolution:Using the formula,⇒ SP - CP = ProfitSubstitute the value,⇒ Rs. 200 - CP = Rs. 30Take CP to RHS and Rs. 30 to LHS,⇒ Rs. 200 - Rs. 30 = CPSubtract the amount,⇒ Rs. 170 = CP
To find CP we will use,SP - CP = ProfitSolution:Using the formula,⇒ SP - CP = ProfitSubstitute the value,⇒ Rs. 200 - CP = Rs. 30Take CP to RHS and Rs. 30 to LHS,⇒ Rs. 200 - Rs. 30 = CPSubtract the amount,⇒ Rs. 170 = CP∴ Thus, Cost price of the article is Rs. 170.