Question

by selling a chair for RS 30 a dealer makes a profit of 25% find what price did the dealer pay for it

Answer 1

Solutions :-


Selling price = Rs 30
Profit = 25%


Find the Cost price of chair :-

C.P = (S.P × 100)/(100 + 25)
= (30 × 100)/(100 + 25)
= 3000/125
= 24


Hence,
The Cost price of chair is Rs 24