Anupama sold her dress at a profit of 30%.had she sold it at a profit of 25%,should have received for 400 rupees less for it.find the CP of the dress
Answers
Given:
Profit expected = 30%
if profit = 25%, different in amount = Rs 400
To Find:
Cost Price of the dress
Solution
Find the difference in profit:
Difference = 30 - 25
Difference = 5%
Find 1%:
Difference in profit = 5%
Difference in profit = Rs 400
5% = 400
1% = 400 ÷ 5
1% = Rs 80
Find the cost price:
Cost Price = 100%
1% = Rs 80
100% = 80 x 100
100% = Rs 8000
Answer: The cost price of the dress is Rs 8000
Step-by-step explanation:
Given:
Profit expected = 30%
if profit = 25%, different in amount = Rs 400
To Find:
Cost Price of the dress
Solution
Find the difference in profit:
Difference = 30 - 25
Difference = 5%
Find 1%:
Difference in profit = 5%
Difference in profit = Rs 400
5% = 400
1% = 400 ÷ 5
1% = Rs 80
Find the cost price:
Cost Price = 100%
1% = Rs 80
100% = 80 x 100
100% = Rs 8000
Answer: The cost price of the dress is Rs 8000