Question

Monika sold a saree for Rs. $5940$ and made a profit of $8$%. What was the C.P of the saree?

Answer 1

Given S.P.$=Rs5940$

Profit%$=8$%

Hence, CP$=\frac{S.P.\times 100}{100+profitpercentage}$

$=\frac{5940\times 100}{100+8}$

$=\frac{594000}{108}$

$=Rs.5500$