Question: Selling price of a table is Rs. 6875. If profit percentage is 25 percent, then what is the cost price of table?
- Rs. 6400
- Rs. 5500
- Rs. 5000
- Rs. 5200
Answer: 2. Rs. 5500
Solution:
s= Rs. 6875
cost price be c
c+0.25c=1.25c=s=6875
c= Rs. 5500