By selling a chair of 30 the shopkeeper had 25 percent profit .Find the price did the dealer pay for it.
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Answered by
3
5 unit = 30
1 unit = 30/5 = 6
4 unit = 4×6 = 24 will be the answer
1 unit = 30/5 = 6
4 unit = 4×6 = 24 will be the answer
divyansh4764:
how did you do it I am not able to understand
Answered by
1
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
= 24
Hope The Answer Will Help you!!!
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