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If the profit percent is 20% and the selling price is rs 48,000, find the cost price

If the profit percent is 20% and the selling price is rs 48,000, find the cost price
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If the profit percent is 20% and the selling price is rs 48,000, find the cost price

asked
User Sambardo
by
7.6k points

1 Answer

6 votes
Cp=100/(100+20%)x480
=100/120x480

Rs 400
answered
User RavuAlHemio
by
8.0k points
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