Question

You are given selling price=7434, markup=18% and required to find cost? ​

Answer 1

How to calculate selling price using cost and profit percent? selling price = (100 + profit%)cost price/100; [Here, cost price and profit% are known.]

Answer 2

Answer:

6300 is the right answer

Step-by-step explanation:

• sp=7434
• markup%=18%
• let CP=x
• as we know markup=sp-cp
• =7434-x
• markup%=markup x100

CP

• 18%= (7434-x) * 100

x

• 18x=743400-100x
• 118x=743400
• x=6300