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Monika sold articles in Rs.650 at 12.5% profit .colculate prise of the article

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Answer 1

Corrected Question :

• Monika sold articles in Rs. 650 at a profit percentage of 12.5%. Calculate the price of the article.

Given :

• Selling Price of the article Rs. 650.
• Profit 12.5%.

To Find :

• Find the cost price of article ?

Solution :

• As we know that,

➣ Cost Price = (100 × Selling Price/100 + Profit%)

According to the question :

➣ Cost Price = (100 × Selling Price/100 + Profit%)

➣ Cost Price = (100 × 650/100 + 12.5)

➣ Cost Price = (65000/112.5)

➣ Cost Price = Rs. 577.77

Hence,

• The cost price of the article is Rs. 577.77.

Answer 2

Answer:

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