Select the correct answerAn item is sold for Rs.7130 making a 15% profit. What is the cost price (in Rs) of this item?Options6000625062006125

Question

Select the correct answerAn item is sold for Rs.7130 making a 15% profit. What is the cost price (in Rs) of this item?Options6000625062006125
🧐 Not the exact question you are looking for?Go ask a question

Solution 1

To find the cost price of the item, we need to understand that the selling price is made up of the cost price and the profit.

Given: Selling Price (SP) = Rs. 7130 Profit Percentage = 15%

We know that: SP = Cost Price (CP) + Profit

And Profit is calculated as a percentage of the cost price, i.e., Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

This problem has been solved

Similar Questions

Select the correct answerAn item is sold for Rs.7130 making a 15% profit. What is the cost price (in Rs) of this item?Options6000625062006125

t answerAn item is sold for Rs.7130 making a 15% profit. What is the cost price (in Rs) of this item?

Select the correct answerAn item is sold for Rs.7130 making a 15% profit. What is the cost price (in Rs) of this item?Options6125600062506200

An item is sold for Rs.7130 making a 15% profit. What is the cost price (in Rs) of this item?Options6000612562506200

An item is sold for Rs.7130 making a 15% profit. What is the cost price (in Rs) of this item?Options6200612560006250

1/3