The difference between cost price and selling price is Rs 576. If the profit percentage is 16%, then what is the cost price (in Rs)?

The difference between selling price and cost price when there is a profit is equal to the profit amount.
Profit=Rs 576
Given that Profit Percentage = 16%

We know that:

Profit Percentage=
Cost Price
Profit
​
×100
16=
Cost Price
576
​
×100
Cost Price=
16
576×100
​

Cost Price=36×100=3600
Hence, the cost price is Rs 3600.