Selling price of a toy car is Rs. 390.If the profit made by shopkeeper is 30℅.What is the cost price of the toy?
Selling price of a toy car is Rs. 390.If the profit made by shopkeeper is 30℅.What is the cost price of the toy?
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Answer:
The cost Price of the toy is Rs. 300.
Step-by-step explanation:
Given :
Selling price of the toy car = Rs. 390
Profit made = 30%
To find :
The cost price of the toy car
Solution :
Here :
Cost Price = Rs. 300
The cost Price of the toy is Rs. 300.
Verified answer
Let the CP be Rs a
Profit = 30% of a
= 30a/100
= 3a/10
SP = CP +Profit
=> 390 = a + 3a/10
=> 390 = 13a/10
=> 3900=13a
=> a = Rs 300
Cost Price of toy car = Rs 300
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