Question

20 percent. more can be gained if a piece of cloth is sold for rs 83 instead of 78 .find the cost price of piece of cloth

Answer 1

hola!
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Let cost price = x

When the cloth is sold at Rs 83 instead of Rs 78,

more gain = 83 - 78 = Rs. 5

given that more gain = 20%.

=>5/x * 100  =20

=>500/x = 20

=> x = 500 /20

=> x = 25 rs


So Cost price is Rs. 25
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