Question

the selling price is 1500 and the profit is 20% then what is buying price

Answer 1

20%of 1500 = 300
then,
1500-300=1200buying price

Answer 2

Answer:

SP = 1500

P%= 20%

P = P% of SP

P = 20/100 X 1500

P = ₹300

CP = SP - P

CP = 1500-300

CP = ₹1200