Question

by selling a grocery's item for rs 249.75 a kg a peofit of 12 1/2% is made 1= find the cost price 2= what should the selling price be to get a profit of 25%​

Answer 1

1) The cost price is Rs 222

2) The selling price to get a profit of 25%​ is Rs 277.50

Let the Cost Price of the grocery item be Rs x.

(1)

After a profit of 12 1/2%(25/2%), the selling price was Rs 249.75

So, after a profit of 25/2% on Rs x, the SP would be

SP = (100+Profit)% of CP

= (100 + 25/2)% of Rs x

= 225/2% of Rs x

= Rs 1.125x

This is equal to Rs 249.75

So, 1.125x = 249.75

⇒x = 249.75/1.125

= Rs 222

(2)

To get a profit of 25%,

SP = (100+25)% of cp

= 125% of Rs 222

= Rs (1.25*222)

= Rs 277.50

Answer 2

Answer:

Step-by-step explanation: