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Alla [95]
3 years ago
10

A shopkeeper gained a profit of 12% by selling an article for birr 560. what was the cost price? ​

Mathematics
2 answers:
AveGali [126]3 years ago
4 0

Answer:

The cost price was 500.

Step-by-step explanation:

Let x be the original price.

x\times(1+12\%)=560

x\times(1+0.12)=560

1.12x=560

1.12x/1.12=560/1.12

x=500

Masja [62]3 years ago
4 0

Answer:

<h2><em>5</em><em>0</em><em>0</em></h2>

<em>Solution,</em>

<em>profit \: percent = 12 \\ selling \: price = 560 \\ cost \: price \\  =  \frac{sp \times 100}{100 + profit \: percnt}  \\  =  \frac{560 \times 100}{100 + 12}  \\  =  \frac{56000}{112}  \\  = 500</em>

<em>hope </em><em>this </em><em>helps.</em><em>.</em><em>.</em>

<em>Good </em><em>luck</em><em> on</em><em> your</em><em> assignment</em><em>.</em><em>.</em><em>.</em>

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