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An item, when sold at a certain price, yields r% profit
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01 Jul 2019, 05:31
01 Jul 2019, 05:31
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Question Stats:
50% (01:53) correct
50% (02:18) wrong based on 8 sessions
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An item, when sold at a certain price, yields r% profit. Had it been sold for $s more, the profit percentage would have been r%. What is its cost price?
A) \(\frac{100r}{(t-s)}\)
B) \(\frac{100s}{(t-r)}\)
C) \(\frac{s}{100(t-r)}\)
D) \(\frac{st}{100(t-r)}\)
E) \(\frac{(t-r)}{100s}\)
A) \(\frac{100r}{(t-s)}\)
B) \(\frac{100s}{(t-r)}\)
C) \(\frac{s}{100(t-r)}\)
D) \(\frac{st}{100(t-r)}\)
E) \(\frac{(t-r)}{100s}\)
Re: An item, when sold at a certain price, yields r% profit
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01 Jul 2019, 07:12
01 Jul 2019, 07:12
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Expert Reply
\(r=\frac{(p*100)}{c}\)
\(t=\frac{((p+s)*100)}{c}\)
After manipulation we will end up with
\(c=\frac{100s}{(t-r)}\)
Regards
\(t=\frac{((p+s)*100)}{c}\)
After manipulation we will end up with
\(c=\frac{100s}{(t-r)}\)
Regards
Re: An item, when sold at a certain price, yields r% profit
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01 Jul 2019, 07:13
01 Jul 2019, 07:13
Thank you
