Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Find reliable answers to your questions from a wide community of knowledgeable experts on our user-friendly Q&A platform. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

By selling an article for $250, a man makes a profit of 25%. what was the cost price of the article.

Sagot :

CommanderMAM

Answer:

200 dollars

Step-by-step explanation:

Let's say p equals the cost price of the article. Since the man made 25% profit, that means he got 100% of what he originally paid plus another 25% of what he originally paid. In other words, he sold the article for 125% of the original price. Converting that to a decimal we get:

250=p*1.25

Some simple division gets us a cost price of 200 dollars.

Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.