Question

S.p=5350
profit =7%
cost price=

Answer 1

Answer:

Cost Price = 5000

Step-by-step explanation:

Profit Percentage = (Profit / Cost Price) x 100

7 / 100 = (Profit / CP)

7 / 100 = (Selling Price - CP) / CP ..... Formula: Profit = Selling Price - Cost Price

0.07 = (SP/CP - CP/CP)

0.07 = SP/CP - 1

0.07 + 1 = SP/CP

(0.07 + 1) x CP = SP

Cost Price = Selling Price / (0.07 + 1)

Cost Price = Selling Price / {(7/100) + 1}

Cost Price = Selling Price / 107/100

Cost Price = (5350 x 100) / 107

Cost Price = 535000 / 107

Cost Price = 5000

Answer 2

Step-by-step explanation:

HOPE THIS IS HELPFUL.