Question

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A MAN AOLD AN ARTICLE FOR RS.495 AND GAINED 10% ON IT .FIND THE COST PRICE OF THE ARTICLE???


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Answer 1

Answer:

Given SP = 495 rupees.

          Gain = 10%.

We know that CP = (100 * SP) / (100 + Gain%)

                              = (100 * 495) / (100 + 10)

                              = 49500 / 110

                              = 450.

The cost price of the article = 450 rupees.

Hope this helps! :)

Answer 2

Answer:

Given SP = 495 rupees.

          Gain = 10%.

We know that CP = (100 * SP) / (100 + Gain%)

                              = (100 * 495) / (100 + 10)

                              = 49500 / 110

                              = 450.

The cost price of the article = 450 rupees.

Hope this helps! :)