Question

rajat sells an item for rs.1260 making a profit equal to two fifths of the cost price .find the cost price and profit %

Answer 1

Answer:

let the cost price is Rs x

profit is Rs 2x/5

then,

x+2x/5=1260

=> 7x/5=1260

=> x=1260×5/7=180×5

=> x=900

cost price =Rs 900

profit =Rs 900×2/5=Rs 360

profit %=360×100/900=40%