Question

A man sells an article at a profit of 25%. If he had bought it at 20% less and sold it for Rs.10.50 less, he would have gained 30%. Find the Cost Price of the article.

Answer 1

heya !

C.P =100

Gain % =25%

S.P
= 100 + 25% of 100
= 125

 Suppose C.P is =80

Gain % =30%

S.P =(130×80)/100=104

Diff. =(125-104) =21

compare the diff.

21 on 100

1 on 100/21

10.50 on = (10.50×100)/21 = 50.

required CP = Rs. 50.

Answer 2

Your answer is in the Attachment .Hope it helps you !!!

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