Question

A trader made a profit of 45%
from an article he has sold at GHC
58,000.00. What is the cost price of
the article?

Answer 1

Answer:

given,

article sold at 58000,

and he made a profit of 45%,

Cost price be X,

1.45---->58000,

1.00---->X

X=58000*100/145,

X=40000