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An article was sold for Rs 250 with a profit of 5%. what was its cost price?

Hi!
@ santoshk1968 correctly answered the question.
 
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SP = Rs 250

Profit = 5%

CP = x

5% of x = x/20

x - x / 20

19x/20 = 250

19x = 250 * 20

19x = 5000

x = 5000 / 19

x = 263  3 / 19

CP is Rs 263  3/19

  • 3

SP=Rs.250

p%=5%

Let the CP be Rs.100

P in Rs.=P% of CP

Therefore, P in Rs.=5% of 100

  =Rs.5

If the imaginative P=Rs.5

  CP=Rs.100

Then,SP = CP+P

Therefore,imaginative SP=Rs.100+Rs.5

                                              =Rs.115

Let the real CP be x.

Therefore,the real CP will be= Real CP / Imaginative CP = Real SP / Imaginative SP

  = x / 100 = 250 / 115

  = x / 100 = 2  6 / 23

  = x = 2  6 / 23 X 100

  = x = Rs. 226  2/ 11.5

  • 0

i think this is wrong because d shopkeeper earned a profit so how can the cost price be more than the selling price?the C.P is 238Rs

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