By selling a book for Rs. 360,20 % profit was | vedclass

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Question

Here, profit$\%$ $=20 \%$

$\Rightarrow P \%=\left[\frac{ SP - CP }{ CP }ight] 	imes 100 \% \Rightarrow \frac{20}{100}=\frac{360- CP }{ CP }$

Vedclass · Accepted Answer

$300$

Vedclass · Answer

Here, profit$\%$ $=20 \%$

$\Rightarrow P \%=\left[\frac{ SP - CP }{ CP }ight] 	imes 100 \% \Rightarrow \frac{20}{100}=\frac{360- CP }{ CP }$

$\Rightarrow C P=R s .300$

By selling a book for $Rs.$ $360,20 \%$ profit was earned. What is the $CP$ of the book in $Rs.$?

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