A man sells a book at a profit of 20%. If he had bought it at 20% less and sold it for * 60
less, he would have gained 25%. Find the cost price of the book.
Answers
Answer:
Let the cost of article = 100
SP = 120
New CP = 80
If gain is 25% then straight S. straight P equals 125 over 100 cross times 80 equals 100
Difference in selling price = 120 - 100 = 20
If the difference is Rs. 20, C.P. = 100
If the difference is Rs. 60, straight C. straight P. equals 100 over 20 cross times 60 equals Rs. space 300
Let the cost of article = x
SP = 1.1x
if
CP = 0.9x
SP = x + 10
P = 10 +0.1x
Then P% = 25%
25 = ((10+0.1x)÷0.9x)×100
x = 80
CP = 80Rs.
Answered by Renu Varma | 10th Sep, 2020, 11:32: AM
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