Selling price of 1kg tea 67.20 and sold at 12% profit
C. P. of 5 kg tea in Rs.
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Solution
Given, Profit % by selling 1 kg of tea =S.P−C.P.C.P.×100=12 % =>67.20−C.P.C.P.×100=12 =>67.20−C.P.=0.12C.P. =>1.12C.P.=67.20 C.P.=Rs60 So, C.P. of 5 kg tea =Rs5×60=Rs300