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A shopkeeper sold a book for $ 180.He made a profit of 20%.calculate the cost price of the book.

Please help!Am new to this chapter.

User Yohjp
by
5.5k points

2 Answers

2 votes

Answer:

$150

Step-by-step explanation:

let cp=x

(20/100*x) +x=180

1/5x+x=180

6x/5=180

6x=180*5

x=(180*5)/6

x=150

User Thanga
by
5.8k points
3 votes

Hello!

Answer:

The cost of the book is $150.

______________________________

Step-by-step explanation:

CP =
(SP(100))/(100 + PP)

Basically, what this formula is saying is that to find the cost price (CP), we must multiply the sale price (SP) by 100, and divide the product by the sum of 100 + profit percentage (PP).

CP =
(180(100))/(100 + 20)

CP =
(18000)/(120)

CP = 150

User Jirennor
by
5.8k points