Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Join our platform to connect with experts ready to provide detailed answers to your questions in various areas. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

Find the cost price where Profit=200, Profit%=10%

Sagot :

Answer:  2000

Use your currency of choice

============================================

Work Shown:

profit percentage = (profit/cost)*100%

10% = (200/c)*100%

(10%)/(100%) = 200/c

1/10 = 200/c

1*c = 10*200 ... cross multiply

c = 2000 is the cost price (of whatever currency you prefer)

Notice that 10% of 2000 is 200. We chop off a 0 at the end when taking 10%. Add on a zero when going in reverse.

200 is 10% of 2000

In other words, the profit (200) is 10% of the cost price (2000).

PA = P% of CP
200 = 10/100 * CP
200*100/10 = CP
2000 = CP
SP = 2200