Question

22. A shopkeeper sells a bag at 12% profit. If he had sold it for 39 more, he would have
made 18% profit. Find the cost price of the bag for the shopkeeper.
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Answer 1

Step-by-step explanation:

let Cost Price be x

profit at 12% profit : 12/100 * x

profit at 18% profit : 18/100 *x

18x/100 - 12x/100 = 39

6x/100 = 39

x = 39*100 / 6

x = 3900 /6

x = 650

therefore the Cost Price if the bag is 650 rupees .