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24 March, 00:32

Uncle Malik so the shirt at the rate of 1200 Naira and made a profit of 25% what is the cost price

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Answers (2)
  1. 24 March, 00:55
    0
    If he made 25 percent profit, the selling price (1200 naira) is 125 percent.

    If 125% is equal to 1200 naira

    100 percent (the original) will be 100 * 1200 divided by 125

    Which is 120000 : 125

    Therefore, the cost price is 960 naira
  2. 24 March, 02:00
    0
    the cost price is 960/-

    Step-by-step explanation:

    Selling Price = 1200

    Profit = 25%

    Finding the cost price:

    Let the cost price be x

    Then,

    x = 1200-0.25x

    => x+0.25x = 1200

    => 1.25x = 1200

    Dividing both sides by 1.25

    => x = 960

    So the cost price is 960/-
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