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Earlier discussion
4 older comments kept for context.
Murphy Jr
I love to keep my ans simple nd short
So %profit for each bag..25/100 × 7500 = 1875
Cost price..7500-1875=5625
So since we talking bout 35 bags actually..
Dat nw brings us to..
35×1875=65,625
Daz it.🙂
Samuel
That's not how you solve it
You use. % profit = (S p - c.p)/c.p × 100% to find the cost price. Before subtracting selling price and cost price to get the profit and then multiply by 35.
Pharm murphy
Fffffffff9.
You just can't say;
X=1+p1/p2
Then all of a sudden...
Xp2=1+p1
Just can't be so!
Timothy Godspower
%gain = 25
Sp = 35 × 7500 = 262500
Cp = ?
Profit = Sp - Cp
%gain = SP - Cp /Cp
25/100 = 262500 - Cp/Cp
25Cp = 26250000 - 100Cp
125Cp = 26250000
Cp = 210000
Therefore
Profit = 262500 - 210000
Profit = 52500
Hence 52500 should be the answer and not 26250