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If a person sells a ‘Saree’ for Rs. 5200,making a profit of 30%,then the cost price of the saree isRs. 4420Rs. 4000Rs. 3900Rs. 3800

Question

If a person sells a ‘Saree’ for Rs. 5200,making a profit of 30%,then the cost price of the saree isRs. 4420Rs. 4000Rs. 3900Rs. 3800

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Solution

The cost price of the saree can be calculated using the formula:

Cost Price = Selling Price / (1 + Profit%)

Here, the selling price is Rs. 5200 and the profit is 30%.

So, Cost Price = 5200 / (1 + 30/100) = 5200 / 1.3 = Rs. 4000

So, the cost price of the saree is Rs. 4000.

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