rns 12% pofit on selling an article. if the profit earned is 60 rupees find the cost price.

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Asked 11/12/2008 11:11:51 AM

Updated 128 days ago|9/15/2025 11:04:13 AM

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User: rns 12% pofit on selling an article. if the profit earned is 60 rupees find the cost price.

Weegy: [www.reuters.com/article/pressRelease/idUS127001+21-Apr-2008+RNS20080421] Thanks for using Weegy!

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Asked 11/12/2008 11:11:51 AM

Updated 128 days ago|9/15/2025 11:04:13 AM

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cruz30

Use the profit formula:
Profit = Cost Price × (Profit % / 100)
Given:
Profit = 60 rupees
Profit % = 12%
Cost Price = ?
Set up the equation
60 = CP × (12 / 100)
Solve for CP
CP = (60 × 100) / 12
CP = 500 rupees
Answer: 500 rupees

Added 128 days ago|9/15/2025 11:03:53 AM

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by selling an article at a profit of 12% shopkeeper gains rupees 60.find its cost price.

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Updated 128 days ago|9/15/2025 11:04:19 AM

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