If aslam sold a book in Rs. 118 and he got 50% profit, then the cost price of the book was?

Answer: CP = Rs 78.667

Step-by-step explanation:

The data given to us are

Selling price = Rs. 118

Profit percentage = 50

Now using the form formula

CP = (SP * 100) / (100 + percentage profit).

Where;

Cp is cost price and Sp is selling price

So we input our numbers

CP = (118 * 100) / (100 + 50)

CP = 11800 / 150

CP = Rs 78.667