Find Cost price if selling price is 795 and profit % is 6.25%
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Answer:
S.P.= 795
Profit % = 6.25%
C.p. = ?
C.P = (S.P × 100)/(100 + Profit%)
= (795 × 100)÷(100 + 6.25)
= 79500÷100+6.25
= 79500÷106.25
= 748.23 rs
Thus the cost price is 748.23Rs
Step-by-step explanation:
We have to find the cost price here
So for finding the cp with the give data i.e, Selling price and the profit percentage the formula will be
C.P.= (S.P × 100)/(100 + Profit%)
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