Question

Anita sells her ring at the price of Rp 540,000.00. If Anita gets If Anita gets the profit of 20%, then how much does Anita buy that ring ?

Answer 1

selling price=Rp 540,000.00.

profit=20%

cost price=selling price- profit% of cost price

cost price+profit% of cost price=selling price

cost price (1+20%)=Rp 540,000.00.

cost price=Rp 540,000.00./(1+20/100)=Rp 450000.00 is your answer