the spelling price of a calculator rupees 325. if the profit by the the shopkeeper is 25% ,what is the cost price of the calculator?
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the spelling price of a calculator rupees 325. if the profit by the the shopkeeper is 25% ,what is the cost price of the calculator?
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How to calculate cost price using sell price and profit percent?
We know that cost price = selling price - profit.
cost price = selling price - profit% × cost price/100.
cost price + profit% × cost price/100 = selling price.
cost price(1 - profit%)/100 = selling price.
cost price(100 + profit%)/100 = selling price.
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