Anyone know how to do this?
1 answer:
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Answer:
Let, the c.p be x.
Given,
profit % = 20%
S.P = rs 816
c.p = x
We know,
profit = p% of c.p
= * x
=
now,
C.p = profit + s.p.
x = + 816
x =
5x = x + 4080
5x-x = 4080
4x = 4080
x =
x = Rs 1080
Hence, the c.p is Rs. 1080