A shopkeeper sold dressing table for 75125. 75 at a profit of of 19 whole 1 upon 4 what was the cost price please solve in a page or copy
Answers
Answer:
75106.50
Step-by-step explanation:
selling price of dressing table= 75125.75
Profit= 19 whole 1 upon 4 = 77/4
In decimals= 19.25
Loss= 75125.75 - 19.25
=75106.50
Answer:
The cost price of the dressing table is Rs. 62998.53.
Step-by-step-explanation:
We have given that,
Selling price of dressing table ( SP ) = Rs 75125.75
Profit % = 19 ( 1 / 4 )
We have to find the cost price ( CP ).
We know that,
Profit % = ( Profit / Cost price ) * 100
⇒ 19 ( 1 / 4 ) = [ ( SP - CP ) / CP ] * 100
⇒ ( 19 * 4 + 1 ) / 4 = ( 75125.75 - CP ) * 100 / CP
⇒ ( 76 + 1 ) / 4 = ( 7512575 - 100CP ) / CP
⇒ 77 / 4 = ( 7512575 - 100CP ) / CP
⇒ 19.25 = ( 7512575 - 100CP ) / CP
⇒ 19.25CP = 7512575 - 100CP
⇒ 19.25CP + 100CP = 7512575
⇒ 119.25 CP = 7512575
⇒ CP = 7512575 / 119.25
⇒ CP = 62998.5325
⇒ CP = Rs 62998.53
∴ The cost price of the dressing table is Rs. 62998.53.