By selling a Fridge for ₹ 40000 a shopkeeper makes a profit of 25%, find the CP of the Fridge.
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Answer:
₹32000 is the CP of the fridge.
Step-by-step explanation:
let us take the CP as ₹32000
so according to the question 25% addition on the CP equals to ₹40000.
now let us find out if 25% addition on ₹32000 results in what?
₹32000+25%=₹32000+₹8000=₹40000 which is the selling price.
so answer is that the CP of the fridge is ₹32000.
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