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11 June, 22:50

John sold the car for 60000 and made a profit for 20% what was the cost price

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Answers (2)
  1. 11 June, 23:03
    0
    50,000

    Step-by-step explanation:

    he made a profit after selling it for 60000.

    the cost price is always 100%, which means he sold it at 120%

    120% = 60000

    100% = ?

    cross multiply to get 50,000
  2. 11 June, 23:05
    0
    Sp-60000

    If 120%=60000

    100%=?

    100 times 60000 divide by 120

    =50,000shillings
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