Question

A businessman sold an article at a loss of 15% had he sold the article at rupees 100 more he would have gained 10% at what price did he sell the article ? ( step by step explanation)​

Answer 1

Answer:

Let the cost of the article be x.

If he sold the article at a loss of 15% then SP of the article = x × [85/100] = 85x/100

If he sold the article at a gained of 9%, the SP of the article = x × [109/100] = 109x/100

According to the question

[109x/100] – [(85x)/100] = 30.60

⇒ x = 127.5

CP of the article = Rs. 127.5

SP of the article if he sold at 10% profit = 127.5 × [110/100] = Rs. 140.25

Step-by-step explanation:

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