Question

Find the CP when SP is Rupees 1479 and Gain Percent is
$6 \frac{1}{4} \: \: \: percentage$
The Answer is Rupees 1392. I demand a step-by-step explanation
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Answer 1

Step-by-step explanation:

Given, S.P. = ₹ 1479

Profit = 6 + 1/4 = 25/4%

Hence, C.P. = 100×S.P. / 100 + P

= 100×1479 / 100 + 25/4

= 147900 / 425 / 4

= 147900 × 4 / 425 = ₹ 1392 (ans).

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