By selling an article for 750 a person makes 20 percent profit the cost price of article is
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Answer:
625 rupees
Explanation:
Selling Price of articles (S.P.)= 750 rupees
Profit ( P) = 20% of Cost Price (C.P.)
S.P.= C.P. + P
let C.P. = a
750= a + ( 20/100 )a
750 = a + 20a/100
750 = ( 100 a + 20a)/100
750*100 = 120a
750*100/120= a
7500/12 = a
2500/4 = a
625 = a
Cost Price = 625 rupees
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