Question

Selling price of a toy car is Rs 540. If the proft made by shopkeeper is 20%, what is the cost price of

this toy?​

Answer 1

this is your answer

Answer 2

Answer:

Given

Selling Price = Rs 540

Profit = 20%

To find

Cost Price

Solution

Let the cost price be x

Selling Price = Cost + Profit on Cost

540 = x + 20% of x

540 = x + 20/100x

540 = x + 1/5x

540 = 5x+x/5

540 = 6x/5

6x = 540×5

6x = 2700

x = 2700/6

X = 450

Therefore the cost price of the toy car is Rs 450.

Hope it helps you.

Mark as brainliest please.