If shopkeeper marks goods by 22% and sells it for $25 . Find the cost price ( price before mark up)
Answers
Answered by
3
let's no b =x
x +(22/100)=25
122x/100=25
x=2500/122
x=$20.49
x +(22/100)=25
122x/100=25
x=2500/122
x=$20.49
Sufiyan4813:
is right
please help me, I will be grateful
Answered by
7
Answer :-
_________________________
First we should know that what does mark up in price mean
mark up in price mean the extra amount added to cost price to increase it's selling price ,
______________________________
Given
mark up in price = 22% of c.p.
selling price = $25
now from above's defined
x + 22% of x = $25
=> 122/100 x = $25
=> x = 25 × 100/122
=> x = 2500/122
=> x = $ 20.491
hope it helps you
_________________________
First we should know that what does mark up in price mean
mark up in price mean the extra amount added to cost price to increase it's selling price ,
______________________________
Given
mark up in price = 22% of c.p.
selling price = $25
now from above's defined
x + 22% of x = $25
=> 122/100 x = $25
=> x = 25 × 100/122
=> x = 2500/122
=> x = $ 20.491
hope it helps you
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