Question

Goods costing 10,000 sold at a profit of 25%, out of which Rs.7,000 received in cash.

Plz solve In accounting equations

Answer 1

Explanation:

Gain = 25%

C.P = Rs 10,000

or, he received in cash = Rs- 7,000

S.P = [ (100+Gain%)/100 × C.P]

S.P = [ (100+ 25%)/100 × 10,000]

= [ (125%/100)/ × 10,000]

= [ (125%×100) ]

= 12500

So total money =Rs- 12,500

or, he received cash= 7,000

And money left = Rs- (12,500-7,000)= 5500.

Rs- 5,500 is the answer.

Hope it's helps you.

Then please mark me in brainlist