Question

find CP when SP=RS.I755 and gain=25/2%

Answer 1

SP = 1755
gain = 25/2 %

Let CP be Rs.x

We have, x + x*25/200 = 1755
               x + x/8 = 1755
          so, 9x = 1755*8
            so, x = 1755*8/9
                  x = Rs. 1560

Hence, CP is Rs. 1560