Question

compute the cost price,when selling price is Rs.500/-and gross profit is25% on cost price? ​

Answer 1

Answer:

Rs 400

Step-by-step explanation:

Selling Price = Rs 500

Find the selling Price in percentage:

Cost Price = 100%

Profit = 25%

Selling Price = 100 + 25 = 125%

Find the cost price:

selling price = 125%

selling price = Rs 500

125% = Rs 500

1% = 500 ÷ 125 = Rs 4

1% = Rs 4

100% = 4 x 100 = Rs 400

Answer 2

Step-by-step explanation:     SELLING PRICE ; 500

                                                  GROSS PROFIT ; 25%

                                              THEREFORE SALES =125%

                                             IF 125%=500

                                              THEN 100%=500/125 X100

                                                 

                                                   COST WILL BE = 400