A profit of ₹250 = ? – InterviewSolution

1.

A profit of ₹250 = ?

Answer»

Answer:

Cost PRICE is RS.238.1

Step-by-step explanation:

SP = 250

CP = ?

profit = (SP - CP)/CP

⇒ 5/100 = (250-CP)/CP

⇒0.05×CP = 250 - CP

⇒ 0.05CP + CP = 250

⇒1.05 CP = 250

⇒ CP = 250/1.05 = Rs. 238.1

Cost Price is Rs.238.1

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