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If Harsh sold a match ticket for Rs.340 at a profit of 25%,at what price did he purchased the ticket?280255300272

Question

If Harsh sold a match ticket for Rs.340 at a profit of 25%,at what price did he purchased the ticket?280255300272
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Solution 1

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

Given: Selling Price (SP) = Rs. 340 Profit Percentage (P%) = 25%

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

And Profit is calculated as: Profit = (P% * CP) / 100 Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

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