Final answer:
To calculate the cost price given the selling price of Rs 208 and a profit percent of 4%, apply the formula C.P = S.P / (1 + (Profit% / 100)). The cost price works out to be Rs 200.
Step-by-step explanation:
To find the cost price (C.P) when the selling price (S.P) is Rs 208 and the profit percent is 4%, we will use the formula for profit percentage: Profit% = ((S.P - C.P) / C.P) * 100%. First, rearrange the formula to solve for C.P: C.P = S.P / (1 + (Profit% / 100)). Then, plug in the values provided: C.P = 208 / (1 + (4 / 100)). C.P = 208 / (1 + 0.04). C.P = 208 / 1.04. C.P = Rs 200. The cost price is Rs 200.