selling price of a commodity is 15,600 .the profit earned is 30% .find.a cp ,bprofit earned
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Answer:
Step-by-step explanation:
Given:
Selling Price(SP) :- 15600
Profit/ Gain percentage:- 30%
We have to find
a) Cost Price(CP) :-?
b) Profit earned:-?
a) The formula of Cost Price(CP) :-
(100/100+Gain percentage) *SP
= (100/100+30) *15600
= (100/130) *15600
= 12000
b) The formula of Profit= (Selling Price - Cost Price)
= 15600-12000
= 3400
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