Question

A businessman boughtanarticleandsolditatalossof 5% less if he had boughtitfor10% less and sold it for rs.33more he wouldhavehad a profit of 30% thecpofthearticleis?

Answer 1

Answer:

A businessman bought an article and sold it at a loss of 5% less if he had bought it for 10% less and sold it for rs.33 more he would have had a profit of 30% the cp of the article is.

Explanation:

Answer 2

Answer:

Let the CP1 of article = 100x

Initial SP1 = 100x - 5% of 100x = 100x - 5x = 95x

Now, If He brought article at 10% discount. Therefore CP2 = 90x

Now SP2 = 90x + 30% of 90x = 90x + 27x =117x

According to question

SP2 - SP1 = 33

⇒ 117x - 95x = 33

⇒ 22x = 33

⇒ x = 3322

⇒ x = 32

Initial Cost of article

= 100 × 32

= Rs. 150