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If the marked price of a T-shirt which Ravi wants to purchase is Rs. 500..........What is the cost price of the T-shirt?

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If the marked price of a T-shirt which Ravi wants to purchase is Rs. 500 and markup percentage is 12.5%.
What is the cost price of the T-shirt?

posted Apr 13, 2021 by Deepak Chitragar

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1 Answer

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Rs. 444.44


Let the cost be x, then markup price is x + 12.5% which is
1.125x = 500
x = 500/1.125
x = 444.44

answer Apr 13, 2021 by Hanifa Mammadov



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