Selling price of a toy car is $R s 540$ . If the profit made by shopkeeper is $20 %$ , what is cost price of this toy?

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Solution

We have,
S.P $= R s . 540$

Profit $% = 20 %$

CP $= \frac{S . P \times 100}{100 + p r o f i t %}$
$= \frac{540 \times 100}{(100 + 20)}$
$= \frac{540 \times 100}{120}$
$∴$ CP $= R s . 450$
Hence the cost price of toy is $R s . 450$

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Selling price of a toy car is Rs 540. If the profit made by shopkeeper is 20%, what is cost price of this toy?

We have, S.P =Rs. 540Profit %=20%CP =S.P×100100+profit%=540×100(100+20)=540×100120∴ CP =Rs. 450Hence the cost price of toy is Rs. 450

Selling price of a toy car is $R s 540$ . If the profit made by shopkeeper is $20 %$ , what is cost price of this toy?

We have,
S.P $= R s . 540$

Profit $% = 20 %$

CP $= \frac{S . P \times 100}{100 + p r o f i t %}$
$= \frac{540 \times 100}{(100 + 20)}$
$= \frac{540 \times 100}{120}$
$∴$ CP $= R s . 450$
Hence the cost price of toy is $R s . 450$