In a store, pens are sold for 25% less than the tag price. If a pen costs Tk. 48, what will be the tag price of the pen to make a 25% profit on its cost?
In a store, pens are sold for 25% less than the tag price. If a pen costs Tk. 48, what will be the tag price of the pen to make a 25% profit on its cost? Correct Answer 80
let, the tag price is x then, 25% less of x is x-25x/100=75x/100AtQ, 75X/100=48 =64then, 25% profit of tag price is 64+64*25/100=80