Find cp when sp is 1479 and profit is 25/4%
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We have, C.P. of one dozen oranges = $ 5
Loss % = 5%
∴ Loss = 5% of $ 5 = 5/100 x 5= $ ¼
∴ S.P. = C.P. – Loss = 5 – ¼ = $ 19/4
Thus, S.P. of one dozen oranges = $ 19/4
∴ S.P. of one orange = $ 19/4 x 1/12 = $ 0.395 or $40
Loss % = 5%
∴ Loss = 5% of $ 5 = 5/100 x 5= $ ¼
∴ S.P. = C.P. – Loss = 5 – ¼ = $ 19/4
Thus, S.P. of one dozen oranges = $ 19/4
∴ S.P. of one orange = $ 19/4 x 1/12 = $ 0.395 or $40
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