Question

To find cost prise when sp is 1755 ana gain is 12 one by two %

Answer 1

Given that Sales Price = 1755

Gain % = 12 1/2 = 12.5 %

Let Cost Price  = x

so Gain = 12.5% of x = (12.15/100) × x = x/8

Sales Price = cost Price + gain

1755 = x + (x/8)

1755 = 9x/8

x = (1755 × 8)/9 = 1560

Hence Required Cost Price is 1560