Question

Chocolate for $650. After selling 75% profit was made. What is the selling price

Answer 1

Answer:

$1137.5

Step-by-step explanation:

Here,

CP = $650

Profit % = 75%

Let the selling price be 'a'.

Profit % = (profit)/CP * 100%

=> 75% = (SP - CP)/CP *100%

=> 75 = (a - 650)/650 * 100

=> (75*650)/100 = (a - 650)

=> 487.5 = a - 650

=> 487.5 + 650 = a

=> 1137.5 = a