Question

A man sells an article at 5% profit. If he sells it for Rs.
15 more he will make a profit of 8%. Find the cost price
of the article.
​

Answer 1

Answer:

Let. the CP of the article be Rs.100.

Then, SP = Rs.105

If CP = Rs.95

New SP = Rs.104.5

If he sells it for Rs.0.5 less than CP = Rs.100

If he sells it for Rs.1 less than CP

= 1000.5×1 = Rs.200

Part of solved Profit and Loss questions and answers : >> Aptitude >> Profit and Loss

Step-by-step explanation:

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