Question

A woman sold an article for $200,000 and made a profit of 25%. Find the cost price of the article.

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Answer 1

The original cost is 160,000

Explanation:

X x 25/100 + X = 200,000

25X/100 + X =200,000

X= 200,000-25X/100

X= (20,000,000-25X) / 100

100X = 20,000,000-25X

125X = 20,000,000

X = 160000