Question

The selling price of a toy 600 rupees. If the profit made by the shopkeeper is 30%. What is the cost price
of this toy?

Answer 1

Answer:

let CP= x rs

profit= 30%of CP

profit%= 30x/100=x/10 rs

SP= CP+profit= x+x/10= (10x+x)10

SP=11x/10

SP=600 rs

so, 11x/10=600

x= 600×10/11= 6000/11=545.45 rs

Answer 2

Answer:

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