An article costs Rs 1500 and its selling price is 5/4 times of its cost find its selling price
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Answer:
Selling Price = Rs. 1875
Step-by-step explanation:
Cost price(CP) = Rs. 1500
Selling Price(SP) = (5/4)×CP
= (5/4)×1500
= Rs. 1875
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Let be the selling price as Y
5/4 x Y = 1500
5 x Y = 1500x4
5 x Y = 6000
Y = 6000/5
Y = 1200
So selling price is Rs 1200
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