Question

by selling a chair for rs30 a dealer makes a profit 25%. find what price did the dealer pay for it

Answer 1

QUESTION --- by selling a chair for rs30 a dealer makes a profit 25%. find what price did the dealer pay for it

ANSWER ----

Cost Price (CP)
Let CP be x

Selling Price (SP) = ₹ 30
Profit % = 25%

Profit % is on CP

This implies that The equation will be

x + 25% of x = 30

x + 1/4 of x = 30

x + x/4 = 30

5x/4 = ₹30

x = 30 × 4/5

x = 6×4

x = ₹24

>>>>>>>>>>>>>>>>>>>>>>>>>>
ANSWER = ₹24
>>>>>>>>>>>>>>>>>>>>>>>>>>

Answer 2

Answer:

The Cost price of chair is Rs 24

Step-by-step explanation:

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