1.

An article was sold for Rs.525 with a profit of 5% what was its cost price? give me a solution​

Answer»

Step-by-step explanation:

Given,

Selling PRICE of an article = RS 525

Profit PERCENTAGE = 5%

To Find :-

Cost price of an Article

Solution :-

Formula Used :-

C.P = \sf\dfrac{100}{100+P\%}\times S.P

Let's do :-

C.P = \sf\dfrac{100}{100+5}\times Rs 525

C.P = \sf\dfrac{100}{105}\times Rs525

C.P = \sf\dfrac{20}{21}\times Rs525

C.P = \sf 20\times Rs25

C.P = RS500

Since , Cost price of the Article = Rs500


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