Question

John sold the car for 60000 and made a profit for 20% what was the cost price​

Answer 1

50,000

Explanation:

he made a profit after selling it for 60000.

the cost price is always 100% , which means he sold it at 120%

120% = 60000

100% = ??

cross multiply to get 50,000

Answer 2

Sp-60000
If 120%=60000
100%=?
100 times 60000 divide by 120
=50,000shillings