An article was sold for rs. 300 with a profit of 25%. Find the cost price.
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Answer:
ᴄᴏsᴛ ᴘʀɪᴢᴇ ʀs. 225
Step-by-step explanation:
ᴀɴ ᴀʀᴛɪᴄʟᴇ ᴡᴀs sᴏʟᴅ ғᴏʀ =ʀs. 300
ᴡɪᴛʜ ᴀ ᴘʀᴏғɪᴛ ᴏғ = 25%
ᴄᴏsᴛ ᴘʀɪᴢᴇ= ?
=> 25% ᴏғ 300 ʀs.
=> 25/100×300
=> 25×3
=> 75 ʀs.
ᴄᴏsᴛ ᴘʀɪᴢᴇ = (sᴘ - ᴘʀᴏғɪᴛ %)
= (300-75)
= ʀs. 225
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