a man sells an article at a profit of 25% if he had brought it 20% less and sold it for 10.50 less, he would have gained 30% find the cost price of the article.
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Let C.P =100
Gain =25%
S.P = 100 + 25% of 100 = 125
Supposed C.P =80
Gain =30%
S.P =(130*80)/100=104
Difference =(125-104) =21
Now comparing difference
21 on 100
1 on 100/21
So, 10.50 on = (10.50*100)/21 = 50.
So, required CP = Rs. 50.
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