Question

Q1. Find the cost price when when selling
price is Rs1596 and gain is 12%
Your answer​

Answer 1

SP= 1596/-

Gain=12%

CP=100/100+gain%xSP

= 100/112x1596

=1425

So, Cost price is rs 1425

Answer 2

Answer:

As the formula states CP = (100 / (100+ Gain %)) × SP= (100/ (100+12)) × 1596

= (100/112) × 1596 =1425

=1425

the cost price is 1425