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A COMPANY MANUFACTURES STEEL BOTTLE . IF IT MAKES A PROFIT AT 12% ON SELLING A WATER BOTTLE AT RUPEES 190.
FIND ITS COST PRICE .
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Answer:Let the cost price of each bottle be Rs. x
Therefore, C.P. of 12 bottles = 12x
S.P. of 12 bottles = C.P. of 15 bottles = 15x
Profit = S.P. - C.P. = 15x-12x = 3x
P r o f i t space percent sign space equals space fraction numerator P r o f i t over denominator C. P. end fraction cross times 100 equals fraction numerator 3 x over denominator 12 x end fraction cross times 100 equals 25 percent sign
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