Question

Suhana sells a sofa set for rs 9600 making a profit of 20% . What is the CP of the sofa set​

Answer 1

Answer:

sp= 9600

profit = sp- cp

         = 9600-x

profit% =  9600-x/x * 100=20

       x*960000= 120x

   x=960000/120

x=8000

so, cp = 8000

Answer 2

Answer:

Cost Price of sofa set is Rs.8,000

Step-by-step explanation:

Given:

Selling Price of sofa set =Rs. 9600

Profit =20 %

C.P = (S.P × 100) /(100 + % profit )

      = (9600 × 100) / (100 + 20)

      =960000 /120

      =8,000 Rs.