Question

a man sells an article at a profit of 25% if he had bought it at 20% less and sold it for RS 36.75 less he would have gained 30% find the cost price of the article.

Answer 1

Solution :-


Let cost price of the article (C.P) =100

profit% =25%

selling pric = 100 + 25% of 100 = 125

New cost price ( C.P) =80

profit % =30%

new selling price =(130× 80)/100=104 rs

Difference between new selling price

= (125-104) =21

when difference is 21 then cost price (cp) = 100

when difference is 36.75 then

cp = 100×36.75 / 21

cp = 175rs

So, required CP = Rs. 175

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@GauravSaxena01