On selling a football for rs 100,a man gain rs 15.what is the cost price of the football?
Answers
Answer:
rs 85
Step-by-step explanation:
the man sells the football for rs 100 and gains rs 15. therefore it must cost 85 so that when he sells it for 100 he gain 15.
The cost price of the football is Rs. 85
With a specified quantity of goods produced, a cost function is a mathematical formula that may be used to determine the entire cost of production. Below, the cost function will be thoroughly examined. a way to show unit expenses in relation to how many units of one or more were generated during a construction project.
Let's assume that the cost price of the football is C.
The selling price of the football is Rs. 100 and the man gains Rs. 15. This means that the selling price is equal to the cost price plus the profit.
So we can write:
Selling Price = Cost Price + Profit
Rs. 100 = C + Rs. 15
Subtracting Rs. 15 from both sides, we get:
Rs. 85 = C
Therefore, the cost price of the football is Rs. 85.
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