Question

The profit on selling a shirt for rs 1135 is 12.5% more

Answer 1

Given:

Selling Price = ₹. 1135/-

Profit = 12.5%

Selling Price = Cost Price*(1 + Profit)

1135 = Cost Price*(1 + 12.5%)

1135 = Cost Price*(1 + (12.5/100))

1135 = Cost Price*(112.5/100)

Cost Price = (1135*100)/112.5

Cost Price = ₹. 1008.88/- ——> Answer