Question

what is the Cost price of
an article if it is
Sold at Rs 540 at the profit of 5%​

Answer 1

Step-by-step explanation:

we know,

profit%=(profit×100)/C.P

so, profit=(profit%×C.P.)/100

now,

S.P.=C.P.+profit

540=C.P.+ (profit%×C.P.)/100

540=C.P.+ (5×C.P.)/100

540=C.P.+C.P./20

540=21 C.P./20

C.P.=540×20/21

C.P.=180×20/7

C.P.=3600/7

C.P.=₹514.29

So. the Cost Price of the ariticle is ₹514.3(approx)

HOPE THIS WILL HELP YOU

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