The selling prize of a toy is 2366.if the profit made by shopkeeper is 40% .find the cost of toy
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The selling prize of a toy is 2366.if the profit made by shopkeeper is 40% .find the cost of toy
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Answer:
cost of toy = SP of toy- 40% of so of toy
Answer:
Price of toy is 1419.6Rs.
Step-by-step explanation:
Given that
Selling price of toy is 2366 Rs.
Profit is 40%
To find
Price of toy
Solution
As given shopkeeper made 40% profit hence
[tex]40\%of \: 2366 = \frac{40}{100} \times 2366[/tex]
by multiplication we get
[tex]profit = 946.4rs[/tex]
now price of toy will be
[tex]price \: of \: toy = selling \: price - profit[/tex]
[tex]price \: of \: toy = 2366 - 946.4[/tex]
by subtraction we get
[tex]price \: of \: toy = 1419.6rs[/tex]
This is the answer.