Question

Selling price of a toy car is RS540 .If the profit made by shopkeeper is 20%,what is the cost price of this toy
?​

Answer 1

ANSWER

SP of toy car= Rs. 540

Profit = 20%

Then CP,

$= \frac{100}{120} \times 540 \\ = 50\times 9\\ = 450$

450 is the CP of the toy.

Answer 2

Answer:

selling price of a toy car = rs. 540

profit= 20%

cp= sp×100/ (100+profit)

=540×100/(100+20%)

=54000/120

=rs.45 ans.

cost price=45rs.