Question

If a plastic chair is being sold at a 35% profit for
202.50, at what price had it been bought?​

Answer 1

profit = 35%

sold price = Rs.202.5

cost price be x

Finding cost price:

x+x×35% = 202.5

x+0.35x = 202.5

1.35x = 202.5

x = 202.5/1.35

x = Rs.150