Question

WIU IIS SUIU.
30. Selling price of a toy car is Rs 540. If the profit made by shopkeeper is 20%, what is the cost
price of this toy?​

Answer 1

Answer:

Given that

Selling Price = ₹540

Profit = 20 %

Cost Price = Selling Price × 100/100 + Profit %

= 540 × 100/100 + 20

= 54000/120

= ₹450.

Hope it helps you

Suchit

With regards@

Answer 2

selling price = Rs 540

profit percent = 20%

cost price ?

cost price =

$\frac{100}{100 + profit } \times sp$

$\frac{100}{100 + 20} \times 540$

$\frac{100}{120} \times 540$

= Rs 450