Question

Pen SP is 96 and profit 20%. find the CP

Answer 1

Answer:

Step-by-step explanation:

Let, the Cp be x.

So, profit = 20x/100

Sp = Cp + Profit

96 = x + 20x/100

96 = 100x + 20x/100 (took Lcm)

96*100 = 120x

9600 = 120x

x = 9600/120

x = 80

Thus, Cp is Rs.80

Answer 2

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Here is your answer
SP = 96
Profit % = 20 %

As we know the formula
CP = SP × 100/(100 + Profit%)
$= \frac{96 \times 100}{100 + 20} \\ = \frac{9600}{120} \\ = 80$
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