A man sells a book at a profit of 20%. . If he had brought it at 20% less and sold it for 60rupess less . he could gain 25%. find the cost price
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Let the C.P. be Rs. 100
Then,
Profit = 20%
S.P. = Rs. 120
New C.P. = 20% less = Rs. 80
If he gain is 25% then S.P = Rs.(125/100 x 80)
= Rs.100
Difference in S.P.
= Rs. (120 - 100)
=Rs. 20
If difference in S.P. is Rs. 20, then C.P. = Rs. 100
If difference in S.P. is Rs. 18, then
C.P = R.s (100/20 x 18)
= R.s 90
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