Question

2. Find the cost of a carpet which when sold at *3375 gave a profit
of 12.5 per cent.​

Answer 1

Answer:

Let the C.P be 100

Profit = 12.5

S.P = C.P + Profit

     = 100 + 12.5

     = 112.5

If S.P is 112.5 then C.P = 100

If S.P is 1 then C.P = 100/112.5

If S.P = 3375 then C.P = 100/112.5 × 3375

                                    = 3000

Hence, the C.P of the carpet = 3000

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