find the cost price of an article which was sold for rs 3250with a profit of 5%
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find the cost price of an article which was sold for rs 3250with a profit of 5%
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➤ Given :-
Selling price of an article :- ₹ 3250
Profit percentage :- 5%
➤ To Find :-
Cost price of an article
➤ Formula required :-
➤ Solution :-
Cost price :-
The cost price of the article is ₹ 3095.2.
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Some related formulas :-
Profit :-
Loss :-
Profit percentage :-
Loss percentage :-
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More to know :-
Verified answer
Answer:
Step-by-step explanation:
SP = Rs. 3250
Profit = 5%
Therefore, CP = SP × 100 /100 + gain%
= 3250 × 100 / 100 + 5
= 3250 × 100 / 105
= 3095.2 answer.