If goods were invoiced by the head office to a branch for Rs. 86,400 at cost plus 25% mark-up, what was the cost of the goods? *
Rs. 69,120
Rs. 64,800
Rs. 86,400
Rs. 1,03,680
Answers
Answered by
34
Answer:
cost of the goods=₹86400×1-25/100=₹86400(100-25/100)
=₹86400×75/100
=₹864×75=₹64800.
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Answered by
78
Answer:
Option Rs. 69,120
The cost of goods is Rs. 69,120.
Explanation:
Given :
Goods were invoiced by the head office to a branch = Rs. 86,400
At cost plus 25% mark-up
Invoice amount (Rs. 86,400) = cost + 25% mark-up
To find :
The cost of goods
Solution :
Invoice amount (Rs. 86,400) = cost + 25% mark-up
Invoice price = cost + Profit
Let,
Cost = x
86,400 = x + 25% of x
86,400 = x + 25x/100
86,400 = x + 0.25x
86,400 = 1.25x
x = 86,400 / 1.25
x = 69,120
Cost of the goods = 69,120
∴ The cost of goods is Rs. 69,120
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