By selling a television for Rs 18750 a dealer gains 25%.
(a) what is the cost price?
(b) How much percent would be profit by selling it for RS 18000?
Answers
Answered by
1
Answer:
a) 15000
b) 20%
Step-by-step explanation:
a) C.P = (S.P * 100)/(100 + Profit%)
= (18750*100)/(100+25)
=1875000/125
=15000
b) Profit % = (Profit/cost price)*100
Profit = 18000-15000=3000
Profit% = (3000/15000)*100
= 20%
Similar questions