What is the cost price of an article
What is the cost price of an article which is sold for ₹1,566 with 8% profit?
उस वस्तु का क्रय मूल्य क्या है जो 8% लाभ के साथ ₹ 1,566 में बेची जाती है?
Detailed Solution & Logic
Correct Answer:
₹1,450
Selling Price (SP) = ₹1566
Profit = 8%
SP = CP + Profit = CP 1 +$ \frac{8}{100} $
1566 = CP $ \times \frac{108}{100} $
CP = $ \frac{1566 \times 100}{108} $
CP = 1450
Answer = ₹1450
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