Problema Solution
If 16 % profit on ipad is Rs. 832. Find the cost price of the ipad?
Answer provided by our tutors
Let the original cost of the IPAD be x:
Since a 16% profit is 832, then the original cost times 16% will garner 832
16%x = 832
16/100x = 832
x = 832 (100/16)
x = 5200
Checking:
5200 (16%)
= 832