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A man earns 25%by selling a chair for 545. Find the cost price of chair. |
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Answer»
Profit PERCENT = Profit × 100 / Cost price So, given SELLING price = 545 Profit percent = 25% Cost price = ? put the values in formula 25 × cost price / 100 = profit ________1 profit = selling price - cost price profit = 545 - cost price put profit into equation 1, we get 25 × cost price / 100 = 545 - cost price 25 × cost price = 54500 - 100 cost price 25 × cost price + 100 cost price = 54500 cost price(25 + 100) = 54500 125 × cost price = 54500 cost price = 54500 /125 cost price = 436 rupees. therefore, cost price of chair is 436 rupees. please make me BRILIANT |
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