Question

The selling price of a bag is 1690. If the profit made by the shopkeeper is 30%, find the cost price of the bag.​

Answer 1

Bag price is 1173

Step-by-step explanation:

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Answer 2

Answer:

The cost price of a bag= Rs 1300

Step-by-step explanation:

$selling \: price \: of \: a \: bag = \: 1690 \\ profit \: \% = 30\% \\ now \: sp = (1 + \frac{p}{100}) \times cp \\ 1690= (1 + \frac{30}{100}) \times cp \\ cp= \frac{100}{130} \times 1690 \\ = 1300$