Question

the cost price of article which sold for ruppes 300 at a profit of 20% is

Answer 1

Answer:

let the CP be x

profit = 20%

sp = cp+profit

300 = x+x×20/100

300 = 6x/5

x = 5/6×300

x = 250

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Answer 2

Step-by-step explanation:

SP of an article is = 300 rupees

profit of the article=20%

therefore, CP =SP ×100/100-profit

CP=300×100/100-20

CP=60