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if SP =210 profit percent =5% CP = X , find CP​

Sagot :

Step-by-step explanation:

Given

SP = 210

profit percent (p%) = 5%

CP = X = ?

We know

Cost price (CP)

[tex] = \frac{sp \: \times 100}{100 + p\%} \\ = \frac{210 \times 100}{100 + 5} \\ = \frac{21000}{105} \\ = 200[/tex]

hope it helps :)❤

Or in another way

Let the cost price be x then

Profit amount

= 5 % of CP

= 5/100 * x

= x / 20

Selling Price (SP)

210 = CP + Profit amount

210 = x + x / 20

210 = ( 20x + x) / 20

210 * 20 = 21x

4200 = 21x

x = 4200 / 21

x = 200

Therefore CP = 200

Hope you understood.