please solve this sum
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Answer:
Given :-
SP = 40,000
Profit % = 25 %
To Find :-
Cost price
Solution :-
We know that
CP = 100 × SP/(100 + P)
CP = 100 × 40,000/(100 + 25)
CP = 4000000/125
CP = 32000
V E R I F I C A T I O N :
CP = 32000
SP = 40000
Profit = SP - CP
Profit = 40,000 - 32,000
Profit = 8,000
Now
Profit % = Profit/CP × 100
P% = 8000/32000 × 100
P% = 8/32 × 100
P% = 1/4 × 100
P% = 25%
Hence, Proved
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