Question

By selling a refrigerator for rupees 16875, a profit of rupees 1875 is made. what is the cost price of the refrigerator?​

Answer 1

Answer:

16875 - 1875 = 15000

this is cost price

Answer 2

Cost price of refrigerator =?(x)

Selling price of refrigerator =16875

Profit = 1875

Therefore,

Profit = Selling price − Cost price

• 1875 = 16875 – (x)
• (x) = 16875 + 1875
• (x) = 18750

Now as we know that,

• Profit %=profit/C.P×100

• Profit %=1875/18750×100=10%

Hence the profit % is 10%