Question

On selling a chair for =720, A man gains 30percant find the cost price of chair ​

Answer 1

GiveN :-

• Selling price of chair = Rs 720

• Profit percentage = 30

To FinD :-

• Cost price of the chair

Solution :-

$: \implies \boxed{ \blue{ \bf CP = \frac{100}{100 + proft\%} \times SP }}\\ \\: \implies \sf CP = \frac{100}{100 + 30} \times 720 \\ \\ : \implies \sf CP = \frac{100}{130} \times 720 \\ \\ : \implies \sf CP = \frac{7200}{13} \\ \\ : \implies \boxed{ \sf CP =554}$

Answer 2

☞Correct Question:

On selling a chair for =720, A man gains 30percant find the cost price of chair .

☞Required Answer:

The Cost Price of a chair is 554.

☞Solution:

✒Given :

•Selling Price of chair = 720

•Profit= 30%

✒To find:

Cost price of chair

☞Formula used:

CP = $\sf\dfrac{100}{100+Profit}$ × SP

CP = $\sf\dfrac{100}{100+30}$ × 720

CP = $\sf\dfrac{100}{130}$ × 720

CP = $\sf\dfrac{7200}{13}$

CP = 554

✒Therefore, CP (cost price) of chair is 554.