renu sells her car for 800000 rs if she gets 25 % profit what is the cp of the car
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Answered by
1
Answer:
CP = Rs.6,40,000
Step-by-step explanation:
Percentage profit (P%) is given by:
P% = 100*(Profit/CP)
= 100*[(SP - CP)/CP]
= 100*[(SP/CP) - 1]
SP/CP = P%/100 + 1
CP = SP/[(P%/100) + 1)]
Now,
SP = 800000; P% = 25
CP = 800000/((25/100) + 1)
= 800000/1.25
= 640000
Cost Price of Renu's car is Rs.6,40,000
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Hope that’s clear and rally helpful!!!!
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