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Selling price of a toy car is rupees 540. if the profit made by the shop keeper is 20%, what is the cost price of this toy?

sellingprice - costprice/cost price = profit percentage

please can anyone explain the answer
and can you please solve the answer by the transposing method

i will mark brainliest

Sagot :

Answer: the cost price of toy car =450

Step-by-step explanation:

selling price = original price + profit price

selling price = 100% + 20%

selling price = 120%

solve:

120% ↭ 540

1% ↭ 540/120

100% ↭ (540/120)*100

100% ↭ 450

Answer:

cost price = Rs 450

Step-by-step explanation:

selling price = original price + profit price

selling price = 100% + 20%

selling price = 120%

solve:

120% ↭ 540

1% ↭ 540/120

100% ↭ (540/120)*100

100% ↭ 450

Therefore, the cost price is Rs 450