Last year Jose sold a painting for $2000. If he made a 25%
profit on the sale, how much had he paid for the painting?
Answers were Sorted based on User's Feedback
Answer / karlagunta prasad
LET S.P BE - 100
PROFIT -25%
THEN 10TAL 125%
THAT MEANS $2000=125%
WHAT IS 100%
-> $2000*100/125
-> $1600
| Is This Answer Correct ? | 90 Yes | 18 No |
Answer / ketan patil
painting sold for $2000.
profit 25%.
then...
100/25 & 2000/?
so 50000/100
25%==$500
&2000-$500
=1500
| Is This Answer Correct ? | 22 Yes | 27 No |
Answer / amol
Selling price = 2000
Profit %= 20%
So 2000*20%=400(profit made)
Cost price =2000-400=1600
Answer is 1600
| Is This Answer Correct ? | 7 Yes | 13 No |
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