Question 37:
Time per Question : 49
If cost price is Rs 1000000 and profit is 20%
on invoic eprice ,invoice price will be rs
Rs 125000
Rs 75000
Rs 8000
None of the above
Answers
Answered by
1
Answer:
I don't know that answer but please make me as brainlist
Answered by
5
Explanation:
Invoice price = cost + Profit
Suppose,
Invoice price = x
=> x = 10,00,000 + 20% of x
=> x = 10,00,000 + 20x/100
=> x = 10,00,000 + 0.2x
=> x - 0.2x = 10,00,000
=> 0.8x = 10,00,000
=> x = 10,00,000 / 0.8
=> x = 12,50,000
Invoice price = Rs. 12,50,000
Therefore, (option) None of the above
Invoice price will be Rs. 12,50,000
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