On selling a pair of shoes for 720 rupees, the shopkeeper gains 20 percent waht is the cost price of the shoe. Only answer no formula please .
Answers
Answered by
4
Step-by-step explanation:
Let cost price of shoe be x.
He gains 20% after selling it for 720,
So,
Selling Price = Cost Price + Profit
x + 20x/100 = 6x/5 = 720
6x = 3600
x = 600
So, Cost Price is 600Rs.
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Answered by
0
Answer:
cost price (CP)=Rs 600
Step-by-step explanation:
given
selling price (SP)= Rs 720
gain %=20
cost price (CP)=((100)/(100+gain%))×SP
CP=((100)/(100+20))×720
cost price (CP) =Rs600/_
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