Question

Mr. Rai sells a watch for Rs 2,035 at a profit of 10%. How much money has he paid to buy the watch? Also find his profit amount.​

Answer 1

Answer:

Divide 2035 from 10

answer will come 203.5

profit money=2035-203.5=1831.5

Answer 2

Solution:-

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Here it is given in the question that the selling price the watch is ₹2,035 and profit made by Mr. Rai is 10% respectively. Now, the question has asked us to find out the cost price of the object. So, to find the cost price we simply need to apply the formula of cost price when profit% is given and we will get the answer.

ANSWER:-

⪼ The cost price is ₹735.

GIVEN:-

➤ Selling price = ₹2,035

➤ Profit % = 10%

TO FIND:-

⟿ Cost price = ?

FORMULA:-

✯ CP when Profit Percent is given = (SP × 100 / 100 + Profit %)

SOLVING BY APPLYING THE FORMULA:-

➤ Selling price = ₹2,035

➤ Profit % = 10%

✯ CP when Profit Percent is given = (SP × 100 / 100 + Profit %)

• Finding the cost price:-

➲ Cost price = (2,035 × 100 / 100 + 10 %)

➲ Cost price = 2,03,500 / 110

➲ Cost price = 2,03,500 / 110 = 1850

➲ Cost price = ₹1,850

Thus, the cost price is ₹1,850.

• Finding the profit amount:-
• Profit = Profit = (SP > CP) = SP - CP

➲ Profit = 2,035 - 1,850

➲ Profit = 2,035 - 1,850 = 185

➲ Profit = ₹185

Thus, the profit amount is ₹185.

• ALL FORMULAE OF PROFIT AND LOSS

• Profit = (SP > CP) = SP - CP

• Loss = (CP > SP) = CP - SP

• Profit% = (Profit × 100 / CP)%

• Loss% = (Loss × 100 / CP)%

• SP when Profit Percent is given = (100 + Profit % / 100)× CP

• CP when Profit Percent is given = (SP × 100 / 100 + Profit %)

• SP when Loss Percent is given = (100 - Loss / 100)× CP

• CP when Loss Percent is given = (SP × 100 / 100 - Loss)

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