A man sells a book for ₹75 and gains a percentage equal to the cost price of the book (in ₹ ). What is the cost price of the book?
Given:
Selling price of the book = ₹75
Profit percentage = Cost Price of the book
Formula Used:
Selling Price (SP) = Cost Price (CP) + Profit
Profit =
SP = x +
Solution:
75 = x + ( )
Solving for x, we get:
x = ₹50.00
The cost price of the book is ₹50.00.
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