Sp is $72000 and gain is 50/3% find CP
Answers
Answered by
1
cp=Sp x100÷ 100+gain℅,then
=$72000 x100÷50/3+100
=$7200000÷350/3
=$7200000 x3/350
=$720000 x3/35
=$144000 x3/7
=$20571.428 x3
=$61714.284,this is the answer
=$72000 x100÷50/3+100
=$7200000÷350/3
=$7200000 x3/350
=$720000 x3/35
=$144000 x3/7
=$20571.428 x3
=$61714.284,this is the answer
Answered by
3
Find the selling price percentage:
Gain = 50/3 %
Selling Price = 100 + 50/3 = 350/3 %
Find the cost price:
Selling Price = 350/3 %
Selling Price = $72,000
350/3 % = $72,000
1% = 72000 ÷ 350/3 =$4320/7
100% = $4320/7 x 100 = $61714.29
Answer: The cost price is $61714.29
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