Problema Solution
A kilo of grapes sells Php160.the profit is 25% of the cost,what is the original price?
Answer provided by our tutors
CP = Cost Price = Original Price
Profit = Selling Price - Cost Price = 160 - CP
Profit = 0.25 * CP
160 - CP = 0.25*CP
1.25*CP = 160
CP = 160/1.25
CP = $128
the original price is %128.