Question

nikhil bought a painting at a certain price and sold it at rs. 462000 which was 10% more than the cost price. what was the price at which nikhil bought the painting? answer 4,20,000​

Answer 1

Answer:given that:he sold it for 462000 ,10%more cost

Step-by-step explanation:

first 462000/10*100=420000

Answer 2

AnswEr :

• Selling Price = Rs. 4,62,000
• Profit% = 10% more than CP
• Cost Price = ?

• Let's Head to the Question Now :

$\implies \sf SP = CP \times (100 + Profit)\%$

$\implies \sf 462000 = CP \times (100 + 10)\%$

$\implies \sf 462000 = CP \times 110\%$

$\implies \sf 462000 = CP \times \dfrac{110}{100}$

$\implies \sf \cancel{462000} \times \dfrac{100}{ \cancel{110}} = CP$

$\implies \sf Rs.(4200 \times 100)= CP$

$\implies \boxed{\sf CP = Rs.420000}$

⠀

∴ Cost Price of painting was Rs.4,20,000

$\rule{300}{2}$

$\boxed{\begin{minipage}{7 cm}\underline{\text{Some Important Formulae Related to it :}}\\ \\ SP=CP\times(100+Profit)\%\\ \\SP=CP\times(100-Loss)\%\\ \\Profit\%=\dfrac{Profit}{CP}\times100 \\ \\Loss\%=\dfrac{Loss}{CP}\times100 \end{minipage}}$