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Answer:
sp=300
profit%=20%
(profit/cp)×100=20
{(sp-cp)/cp}×100=20
100sp-100cp=20cp
100×300=20cp+100cp
120cp=30000
cp=30000/120
cp=250
Profit=20%
CP= ?
Lets take the CP as 100 so,
Profit=20%
SP= 100 + 20
= 120
we know that SP = 300
So 300=120
As CP, we estimated = 100
So,
300 x 100/120
=250
So CP = ₹250