Q. |
Harish sold his bike for ₹ 62500 and made a profit of 25%. At what price did he buy it? |
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A. ₹ 46875 |
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B. ₹ 48500 |
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C. ₹ 50500 |
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D. ₹ 50000 |
CP = 100 % SP = 125 %
125 % = ₹ 62500
100 % = 62500/125 x 100 = ₹ 50000
Or
CP = 1 Profit = 1/4 Sp = 5/4
CP = 62500 x 4/5 = ₹ 50000