SOLUTION: An article is sold for Rs 25 which is 25% profit of the cost price . what is the cost price ?
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Question 980495
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An article is sold for Rs 25 which is 25% profit of the cost price . what is the cost price ?
Answer by
macston(5194)
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Rs 25 is cost +25% profit = 125% cost, so:
cost=Rs 25/1.25= Rs 20