given: CP-cost price, P-price, I-profit, find P-?
solution: P=CP*(1.4)*(0.75); P-CP=1,000;
P=1,000+CP; P=(14/10)*(3/4)*CP --> 42CP/40=1,000+CP, 42CP=40,000+40CP, CP=20,000, P=20,000+1,000=
21,000
crimson2283 wrote:The price of T.V set is increased by 40 % of the cost price and then decreased by 25% of the new price . On selling, the profit for the dealer was Rs.1,000 . At what price was the T.V sold?
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