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A set of furniture was sold for GH cedis 3000 at a profit of 25%. Find the cost price.

A set of furniture was sold for GH cedis 3000 at a profit of 25%. Find the cost price.
asked 31.6k views
2 votes
A set of furniture was sold for GH cedis 3000 at a profit of 25%. Find the cost price.

asked
User Fredy
by
8.7k points

1 Answer

4 votes

Answer:

2400GH Cedis

Explanation:


Selling \:price = 3000gh Cedis\\Profit \% = 25\%\\Cost\:price =?\\\\CP =( ( Selling\:price * 100 ))/( ( 100 + percentage profit)) \\\\C.P = (3000* 100 )/(100+25)\\\\ C.P = (300000)/(125) \\\\Cost\: Price = 2400gh Cedis

answered
User Gyuri
by
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