a trader made a profit of 16% after selling goods at 50,000. what was his cost price
Answers
Answered by
1
Step-by-step explanation:
price =cost+profit
price=84%+16%
so if we want cost only from total amount
=84%*50000
=0.84*50000
=42000
Similar questions
Biology,
1 month ago
Social Sciences,
1 month ago
Chemistry,
1 month ago
Physics,
3 months ago
Science,
3 months ago
Social Sciences,
8 months ago