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In this example i didn't understand how we find c.p

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Bhuvanesh Reddy

Bhuvanesh Reddy

CA Inter

7K+

23-Jul-21 23:03

322

Answers (1)

Best Answer

If SP is 100% and Profit on SP is 17.5% then CP is 82.5% right? So if SP is 8.8 then CP is 82.5% of 8.8 i.e 7.26


Sriram Somayajula

Sriram Somayajula

Admin

24-Jul-21 06:35

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