A motorcycle Tyre is sold for Rs300/- what is the purchase price if 25% profit is added to it?
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Answer:
it's simple
Selling price = rs.300
purchase price =?
if there is 25% profit included in selling price
so , 25% of 300 = 75
therefore , profit = selling price - purchase price
75= 300 - purchase price
purchase price = 300 - 75
purchase price = 225
Purchase price of motorcycle tyre is Rs.225/-
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