(10) The cost price of a pen increases by Rs. 10. The
selling price increases by 25%. If the new profit
increases from 20% to 25%, what is the original
cost
price per pen?
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Answer:
there it is
Step-by-step explanation:
Gain % = (Gain / CP) * 100
Loss % = (Loss / CP) * 100
SP = [(100 + Gain%) / 100] * CP
SP = [(100 – Loss %) / 100]*CP
The above two formulas can be stated as,
If an article is sold at a gain of 10%, then SP = 110% of CP.
If an article is sold at a loss of 10%, then SP = 90% of CP.
CP = [100 / (100 + Gain%)] * SP
CP = [100 / (100 – Loss%)] *
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