A newspaper vendor sells newspapers at a commission of 6%. He earns rs 75 per day. what is the cost of newspapers?
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ans is rs 1175 how?
.06*Cost=75
Cost=75/.06=not 1175
To find the cost of newspapers, we need to first calculate the total sales for the day.
We are given that the newspaper vendor earns Rs. 75 per day as his commission, which is 6% of the total sales.
Let's assume the cost of newspapers is 'x'.
The commission earned by the vendor is 6% of 'x'.
So, we can write the equation: 6% of x = Rs. 75.
To find the commission in terms of x, we can convert 6% to decimal form by dividing it by 100: 6/100 = 0.06.
Now we can rewrite the equation as: 0.06 * x = 75.
To find the cost of newspapers (x), we can isolate x by dividing both sides of the equation by 0.06:
x = 75 / 0.06.
Evaluating this equation, we get: x = 1250.
Therefore, the cost of the newspapers is Rs. 1250, not Rs. 1175 as mentioned in the answer. It looks like there might be an error or a different calculation used in the source of the answer.