Suhana sells a sofa set for ? 9600 making a profit of 20%. what is the CP of the sofa set?

Hope this helps


Let the Cost Price be 100 then,
Selling price = 100 + (20/100 * 100)
                     = 100 + 20
                     = 120
Now the Selling Price is 9600 then Cost Price is

100/120 * 9600
= 8000
Therefore the Cost price is 8000