The producer needed a total of ₱100 for the expenses. How much should he sell the product if he wants to gain 25% profit
Question
Solution 1
To calculate the selling price for the producer to gain a 25% profit, follow these steps:
- Identify the cost price which is ₱100.
- Determine the profit percentage which is 25%.
- Convert the profit percentage to decimal form by dividing it by 100. So, 25/100 = 0.25.
- Multiply the cost price Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.
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