Question

A buzineess man sells shirts At a profit is 12 1/2 % and sinvests in the proceed to buy pants which he sells at a profit of 20%. If he makes a net profit of rs 700, then find cost of the pant

Answer 1

Answer:

2000

Step-by-step explanation:

12 1/2%=1/8

S

Let Cp=80

Then

Selling price =80+1/8of80=90

Profit =90-80=10

New Sp=90+20%of90=90+18=108

Profit =108-90=18

Total profit=10+18=28

28=700(given)

1=25

80=2000