Question

SP=1200,profit percent=20 percent find the CP

Answer 1

Answer:

Let say CP=x

(1) ∴SP=CP+

100

P

×CP

12=x+

100

20

×x

12=x+

5

x

It gives: x=10Rs

∴CP=10RS

(2) Let say CP=y

∴SP=CP−

100

L

×CP

360=y−

100

10

×y

360=y−

10

y

It gives y=400Rs

∴CP=400Rs

Answer 2

Answer:

CP-Profit percent*Selling price

CP-20/100*1200

CP-1000