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a) CP $17,750 Profit $12,250
b) CP $17,499.65 Profit $12,499.35
c) CP $ $17,441.86 Profit $12,558.14
d) b) CP $17,149.54 Profit $12,849.46
CP $ $17,441.86 Profit $12,558.14
let the cost price be100% and plus the gain is72%
=>172% is your sold price i.e. $30,000/-
=>100% i.e CP is ----?
==> C.P = (100 *30000) /172 = $17,441.86
profit = S.P - C.P = $30,000 - $17,441.86 = $12,558.14.
Answer is option (C) CP $ $17,441.86 Profit $12,558.14
The answer is B.
Computation is as follows:
Cost =30,000 /1.72 =17,441.86
Profit =30,000-17,441.86 =12,558.14
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