If the sales price is 672 and the profit is 5%, then the cost price should be _____?
- 630
- 649
- 640
- 700
Explanation
Let cost price = x
Sales price = x + 5% of x = 1.05x
1.05x = 672
x = 672 / 1.05
x = 640
Last verified on 10-03-2026
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