Question

The selling price of a toy robot is Rs.3750.if the profit made by the shopkeeper is 20%. find the cost price​

Answer 1

Answer:

Rs. 3125

Step-by-step explanation:

Selling price of toy = Rs. 3750.

Profit = 20%.

Profit = [SP - CP /CP] *100

=> Cost Price =  SP * 100 / [100 + Profit %] = 3750 * 100/120 = Rs. 3125

Thus the cost price of toy = Rs. 3125.