By selling an article for Rs. 247.50 we get a profit of 12.5 %. The cost of the article is ?

Asked Sep 07, 2023 Modified Sep 07, 2023 Viewed 0 times
0
asked Sep 07, 2023 at 09:12
1 Answer
0
S.P. = Rs. 247.50 Gain = 25 / 2% ∴ C.P. = Rs. {100 / (100 + 25 / 2) x 247.50} = Rs. (100 x 2 / 225 x 247.50) = 220
answered Sep 07, 2023 at 09:12

Your Answer