A shopkeeper sold an article of Rs.754 and got profit of 16% what shou

1.	A shopkeeper sold an article of Rs.754 and got profit of 16% what should be the puurchase price ofthe article?(1) Rs.620)(2) Rs.630(3) Rs.640(4) Rs.65
Answer» Let the purchase price be ₹ XThen, (100+16)/100 * X = 754=> (116/100)X = 754=> (29/25)X = 754=> X = (75425)/29=> X = ₹ 650 Please hit the like button if this helped you

A shopkeeper sold an article of Rs.754 and got profit of 16% what should be the puurchase price ofthe article?(1) Rs.620)(2) Rs.630(3) Rs.640(4) Rs.65

Answer»

Let the purchase price be ₹ XThen, (100+16)/100 * X = 754=> (116/100)*X = 754=> (29/25)X = 754=> X = (754*25)/29=> X = ₹ 650

Please hit the like button if this helped you