find CP if SP =₹1465, profit% = 15.25%
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Answers
Answered by
3
Answer:
1271
Step-by-step explanation:
1465=1/1+15.25/100*CP
CP=1465*10000/11525
CP=1271
Answered by
11
Cost price = 1,271.14967
Step-by-step explanation:
Cost Price
The amount in which products or goods have been bought by seller or merchant or retailer.
___________________________
Selling Price
The amount in which products or goods have been sell.
___________________________
Profit
The financial gain is called as profit.
___________________________
Loss
The financial loss is called as loss.
___________________________
GIVEN
Selling price = ₹1465
Profit percent = 15.25%
___________________________
We know that,
Cost price = ( SP × 100 ) / ( 100 + percentage profit)
Cost price = ( 1465 × 100 ) / ( 100 + 15.25 )
Cost price = 146500 / 115.25
Cost price = 1,271.14967
Cost price = 1,271.14967
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