by selling an article at rs.720 a man gains 12 and half% . find cost price and gain
Answers
Answered by
1
Answer:
cost price is 1092 Rs.
gain is 372 Rs.
Answered by
1
Answer:
Cost Price = 640/- and Gain = 80/-
Step-by-step explanation:
Selling Price = 720/-
Gain % = 12.5
Cost Price = ( 100 / 100 + Gain % ) * Selling Price
CP = ( 100/100 + 12.5 ) * 720
CP = (100/112.5 ) * 720
CP = 72000/112.5
CP = 640/-
Gain = (Gain % * Cost Price ) / 100
Gain = (12.5 * 640 ) 100
Gain = 8000/100 = 80
Thus , Cost Price = 640/- and Gain = 80/-
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