What Percent Of Selling Price Would Be 34 % Of Cost Price If Gross Pr

1.	What Percent Of Selling Price Would Be 34 % Of Cost Price If Gross Profit Is 26 % Of The Selling Price ?
Answer» X% of SP = 34% of CP ALSO, P = 26% of SP SP - CP = 0.26(SP) CP = 0.74(SP) Now, (34/100)×74 X = 25.16 X% of SP = 34% of CP Also, P = 26% of SP SP - CP = 0.26(SP) CP = 0.74(SP) Now, (34/100)×74 X = 25.16

What Percent Of Selling Price Would Be 34 % Of Cost Price If Gross Profit Is 26 % Of The Selling Price ?

Answer»

X% of SP = 34% of CP

ALSO, P = 26% of SP

SP - CP = 0.26(SP)

CP = 0.74(SP)

Now, (34/100)×74

X = 25.16

X% of SP = 34% of CP

Also, P = 26% of SP

SP - CP = 0.26(SP)

CP = 0.74(SP)

Now, (34/100)×74

X = 25.16