a motorcycle tyre is sold for 300what is the purchase price if 25% profit added toit
Answer (1)
Hello Aspirant,
Hope you are doing great.
The percentage of 25%=1/4 .Now Selling price=4 and the Price=1 Because he calculate profit on selling price and
here comes the formula
cost price=selling price-price Cost price=4–1=3
Now 3 unit =300
Then 1 unit=300/3.
From these formula you can calculate the same.
ALL THE BEST
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