please help me to solve the given question in the photo
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X is the cost price of the article and x% is the profit margin.
Therefore SP=x(1+x/100)=56
=x (100+x/100)=56
so 100x+x sq=5600
solving for 'x' we get
x=40 or -140
as the price can't be negative so the answer is 40
x=40
the cost price of 40 and the markup is 40....
Therefore SP=x(1+x/100)=56
=x (100+x/100)=56
so 100x+x sq=5600
solving for 'x' we get
x=40 or -140
as the price can't be negative so the answer is 40
x=40
the cost price of 40 and the markup is 40....
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