Answer:
rupees 238.10
Step-by-step explanation:
We know that:
Selling price= 250
Profit percentage=5%
Use the equation
Cost price(C.P)=Selling price(S.P)/ (1+(Profit percentage/100))
Substitute
C.P=250/(1+(5/100))
C.P=250/(1+0.05)
C.P=250/1.05
Ans= rupees 238.10
Hope this helps!
