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Lerato sold a pair of jeans for R575.00 (VAT inclusive). If her mark-up percentage as a percentage of cost is 25%, what is the cost

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Lerato sold a pair of jeans for R575.00 (VAT inclusive). If her mark-up percentage as a percentage of cost is 25%, what is the cost price of the product? NB: Instructions 1. Use a full stop to indicate any decimals (eg: 1000.01) 2. Only show the amount, do not show the R (eg: 12141.72) 3. Round the amount off to the nearest Rand (eg: 12141.72 is 12142 )

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