By selling an article at Rs.600, a profit of 25% is made.
By selling an article at Rs.600, a profit of 25% is made. Find its cost price?
Answer/Solution
Rs.480
Steps/Work
SP = 600
CP = (SP)*[100/(100+P)]
= 600 * [100/(100+25)]
= 600 * [100/125] = Rs.480
ANSWER:D
CP = (SP)*[100/(100+P)]
= 600 * [100/(100+25)]
= 600 * [100/125] = Rs.480
ANSWER:D