Question

Sp is 1470 profit should be 50/3. find Cp

Answer 1

SP=1470 P=50/3 CP=SP-P CP=1470-50/3 CP=1470-16.66 CP=1463.34

Answer 2

$\: \: \: \: \: \: \: your \: \: answer \\ - - - - - - - - - - - - - - -$

$given \\ \\ sp = 1470 \\ \\ profit \: \% = \frac{50}{3} \\ \\ now$

$cp = \frac{100 \times sp}{100 \: \: + \: \: profit\%} \\ \\ \: \: \: \: \: = \frac{100 \times 1470}{100 + \frac{50}{3} } \\ \\ \: \: \: \: \: = \frac{100 \times 1470 \times 3}{300 + 50} \\ \\ \: \: \: \: \: = \frac{300 \times 1470}{350} \\ \\ \: \: \: \: \: = 1260$