The selling price is rs 60 gives a profit of 30%.What is the cost price?
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Heya
Here u go ♥️♥️♥️
Given : S.P. = 60 Rs. and profit =30%.
WE KNOW , THAT ......
CP = ( SP * 100 ) / ( 100 + percentage profit)
So putting the values we get ,
CP = 60×100/100+30
CP= 6000/130
CP = approximately 46.15 Rs.
✨ Therefore The cp is approx. 46.15 Rs.
Hope it helps u.......♥️♥️✨✨
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