Ritesh53idn
Answered

IDNLearn.com provides a platform for sharing and gaining valuable knowledge. Our experts are available to provide in-depth and trustworthy answers to any questions you may have.

if SP =210 profit percent =5% CP = X , find CP​

Sagot :

Krystal3375idn

Step-by-step explanation:

Given

SP = 210

profit percent (p%) = 5%

CP = X = ?

We know

Cost price (CP)

[tex] = \frac{sp \: \times 100}{100 + p\%} \\ = \frac{210 \times 100}{100 + 5} \\ = \frac{21000}{105} \\ = 200[/tex]

hope it helps :)❤

Or in another way

Let the cost price be x then

Profit amount

= 5 % of CP

= 5/100 * x

= x / 20

Selling Price (SP)

210 = CP + Profit amount

210 = x + x / 20

210 = ( 20x + x) / 20

210 * 20 = 21x

4200 = 21x

x = 4200 / 21

x = 200

Therefore CP = 200

Hope you understood.

We value your presence here. Keep sharing knowledge and helping others find the answers they need. This community is the perfect place to learn together. For trustworthy answers, visit IDNLearn.com. Thank you for your visit, and see you next time for more reliable solutions.