Question

An item was sold for $Rs600$ at a $profit$ of $20\%$ its

$CP$ $=$ $\frac{600}{100+20}\times$ $..................$ $[100/600]$

Answer 1

Given,

Selling price of the item,$SP$ $=$ $Rs600$

$profit\%$ $=$ $20\%$

Cost price of the item, $CP$ $=$$............$

Note : We have the formula to find $CP$ , When $SP$ and $profit\%$ is given , i.e. $CP$$=$ $\frac{100}{100+profit\%}\times SP$ .

According to that ,

Replace the values of $profit\%$ and $SP$ in the formula,

$CP$ $=$ $\frac{100}{100+20}\times 600$

Rewrite as ,

$CP$$=$$\frac{600}{100+20}\times 100$

Therefore, By comparing the information in the given problem ,

the answer for the given blank is $600$.