A man sells an article at a gain of 10%. If he had bought it at 10% less and sold it for 132 rupees, he would have still gained 10%. What is the cost price of the article ?
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Answered by
2
Answer:
Let the C.P. (Cost Price) be x rupees.
Gain = 10%
S.P.(Selling Price) = 110x/100,
New C.P. = 90x/100
= 9x/10
New S.P. = 110% of 9x/10 rupees
= 99x/100, 11x/10 – 99x/100
= 132
=> 11x/100 = 132
Hence cost price of the article is 1200 rupees.
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Answer:
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