Question

a man made a loss of 4% on an article if he had sold it for rupees to 240 more he would have made a profit of 8%. What is the cost price of the articles?​

Answer 1

Step-by-step explanation:

let the cp of article be x

1. loss=4%of x
2. =x/25
3. so, sp=cp-loss
4. =x-x/25
5. =24x/25
6. A/Q,24x/25=240
7. x=250
8. so ,cp of articles is 250rupee