Find the C.P if S.P= Rs 550, profit= 10%

Nilo Alan asked Dec 16, 2022

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Nilo Alan asked Dec 16, 2022

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8 votes

Answer:

It's Rs. 500

Explanation:

SP=CP +profit%of CP

or 550 = CP +10/100 CP

or 550= (100 CP +10 CP)/100

or 55000= 110CP

or CP = 55000/110

Hence, CP= 500

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