Question

If SP =210 profit percent =5% CP = X , find CP​

Answer 1

Explanation:

Given

SP = 210

profit percent (p%) = 5%

CP = X = ?

We know

Cost price (CP)

`= (sp \: * 100)/(100 + p\%) \\ = (210 * 100)/(100 + 5) \\ = (21000)/(105) \\ = 200`

hope it helps :)❤

Or in another way

Let the cost price be x then

Profit amount

= 5 % of CP

= 5/100 * x

= x / 20

Selling Price (SP)

210 = CP + Profit amount

210 = x + x / 20

210 = ( 20x + x) / 20

210 * 20 = 21x

4200 = 21x

x = 4200 / 21

x = 200

Therefore CP = 200

Hope you understood.