A man sold an article which is marked at Rs. 400. At a discount of 15% he makes a profit of 25%. Find the selling price and cost price
Answers
Answer:
SELLING PRICE = RS. 340
COST PRICE = RS. 300
Step-by-step explanation:
SELLING PRICE:
1) 15 / 100 * 400 -step 1 of percentage formula
2) 0.15 * 400 -step 2 of percentage formula
3) 60 -15% of 400, thus subtract from 400 to get the selling price
5) 400 - 60 = 340 -selling price
COST PRICE:
1) 25 / 100 * 400 -taking out 25% of 400
2) 0.25 * 400 -step 2 of percentage formula
3) 100 -25% of 400, thus subtract from 400 to get the cost price
4) 400 - 100 = 300 -cost price
Answer:
SELLING PRICE = RS. 340
COST PRICE = RS. 300
Step-by-step explanation : SELLING PRICE = RS. 340
COST PRICE = RS. 300
SELLING PRICE:
1) 15 / 100 * 400 -step 1 of percentage formula
2) 0.15 * 400 -step 2 of percentage formula
3) 60 -15% of 400, thus subtract from 400 to get the selling price
5) 400 - 60 = 340 -selling price
COST PRICE:
1) 25 / 100 * 400 -taking out 25% of 400
2) 0.25 * 400 -step 2 of percentage formula
3) 100 -25% of 400, thus subtract from 400 to get the cost price
4) 400 - 100 = 300 -cost price