Question

PRACTICE EXERCISE 6.1
1. By selling an article at a profit of 60, a shopkeeper made a profit of 20%. Find (a) the cost price
and (b) the selling price ​

Answer 1

Answer:

c.p=300₹

s.p=360₹

Step-by-step explanation:

60₹=20%

100%=cp

20% profit so so=120%

1%=3₹

100%=3×100=300₹

cp=300₹

sp=360₹

Answer 2

Answer:

cost price 300

selling price 360

Explanation:

selling price : 120x60/20= 360rs

cost price: 360-60=300rs