Question

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

Answer 1

Answer:

2400GH Cedis

Step-by-step explanation:

$Selling \:price = 3000gh Cedis\\Profit \% = 25\%\\Cost\:price =?\\\\CP =\frac{ ( Selling\:price \times 100 )}{ ( 100 + percentage profit)} \\\\C.P = \frac{3000\times 100 }{100+25}\\\\ C.P = \frac{300000}{125} \\\\Cost\: Price = 2400gh Cedis$