Question

Sp. =110000 profit =57/5% c.p =?

Answer 1

$\bf \red{ \underline{ \underline{Given}}}$

• Selling Price, S.P = 110000

• Profit% =57/5%

$\bf \red{ \underline{ \underline{To \: find \: out }}}$

Find Cost Price, C.P ?

$\bf \red{ \underline{ \underline{Formula \: used }}}$

$\boxed{ \blue{ CP} = \frac{100 \times SP}{100 + Profit \%} }$

Solutions:

$CP = \frac{100 \times \: SP }{100 + \: Profit \% }$

$\bigstar \purple {Putting \: the \: values}$

$\implies \frac{100 \times110000 }{100 + \frac{57}{5} }$

$\implies \: \frac{100 \times 110000 }{ \frac{500 + 57}{5} }$

= 100× 110000/557/5

=3949.73

Answer 2

Given :

Selling price = 110000

Profit = 57/5 %

To find :

Cost price

Solution :

By using formula,

C.P = 100 × S.P/100 + Profit %

=>C.P = 100 × 110000/ 100 + 57/5

=> C.P = 100 × 110000 / 500+57/5

=> C.P = 100 × 110000 / 557/5

=> C.P =11000000 / 557/5

=> 11000000 × 5 / 557

=> 98743.26

Answer :

Cost price is Rs. 98743.26