Question

selling price 1329 profit 16% find cost price​

Answer 1

Let the cost price =100

profit =16% on cost price

=16/100×100=16

Selling price =100+16=116

When SP =116, CP =100

When SP =1 , CP =100/116

When SP =1329, CP=100/116×1329=1145.689=Rs.1145.69

PROVED

CP = 1145.69

Profit = 16% on CP

=16/100×1145.69=183.31

SP = CP+Profit = 1145.69+163.31=1329 (Ans)