Question

A company sells its printers to customers in order to make a profit of 25% calculate the price the company paid for a printer which was sold to a customer for 2500

Answer 1

The company paid $2000 for the printer

Step-by-step explanation:

Let x be the price of the printer for which the company bought it.

If x is the price of printer, then 25% of x will be the profit made by the company.

That is:

0.25x

According to the statement,

The cost and profit earned by company are equal to 2500

So,

$x+0.25x = 2500\\1.25x = 2500$

Dividing both sides by 1.25

$\frac{1.25x}{1.25} = \frac{2500}{1.25}\\x = 2000$

Hence,

The company paid $2000 for the printer

Keywords: Percentage, Profit

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