Rohan sold a toy for Rs.220 making a profit of 10%.Find the CP of the toy?
Answers
Answered by
23
198 is cp of the toy
sreemarar68p6g3zh:
198 is wrong..
Answered by
59
220 is the cost price....if we deduct profit percentage we get the cost price of the product...
220*10%= 22 rupees is the profit....
if we deduct 22rs from 220 we get cost price....
220-22= 198 is the cost price of the toy...
hope this helps...
220*10%= 22 rupees is the profit....
if we deduct 22rs from 220 we get cost price....
220-22= 198 is the cost price of the toy...
hope this helps...
198 is wrong. 220 is the Selling Price and not CP. This answer is misleading
u have SP = 220
U have SP = 220, Profit % = 10%
There is an equation
Profit = (SellingPrice-CostPrice)*100/CostPrice
Applying it here
10 = (220-CP)*100/CP
10/100 = (220-CP)/CP
CP/10 = 220-CP
CP+10CP = 2200
CP = 2200/11 = 200
hence Cost Price = Rs.200
There is an equation
Profit = (SellingPrice-CostPrice)*100/CostPrice
Applying it here
10 = (220-CP)*100/CP
10/100 = (220-CP)/CP
CP/10 = 220-CP
CP+10CP = 2200
CP = 2200/11 = 200
hence Cost Price = Rs.200
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