Question

Selling price = 900 profit = 6% Find Cost price =​

Answer 1

Step-by-step explanation:

6% PROFIT MEANS THAT IF THE C.P IS ₹100, S.P IS ₹106.

IF THE C.P IS ₹100, S.P IS ₹106.

IF THE S.P IS ₹1, C.P IS ₹100/106.

IF THE S.P IS ₹900 , C.P IS = ₹(100/106*900) = 849(approx)

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Answer 2

Answer:

Value of CP will be Approximately Rs. 849

Step-by-step explanation:

In context to questions

We have to determine the value of cost price

As per questions

We have

Selling Price = Rs 900

Profit% = 6%

As we know that

We have the formula for finding the Cost Price in term of Selling Price

$cp = sp - profit$

So for determining the value of CP we will put the value of SP and Profit percentage given in question in above formula

So, let CP be x

So,

$x = 900 - 6 \% \: of \: x \\ x = 900 - 0.06x \\ = > x + 0.06x = 900 \\ = > 1.06x = 900 \\ = > x = \frac{900}{1.06} \\ = >x = 849.0566.. \approx 849 \ Rs.$