Question

A man sells an article for 5250 and gain 5%.if he sells another article he bought at the same price so as to gain 20%,find its selling price

Answer 1

Answer:

Rs.6000

Step-by-step explanation:

FORMULA:-

(100+profit%)/100 × CP = SP

Let CP be X:

=> (100+5)/100 × X = 5250

=> X = 5250×100/150 = 5000

So, CP is Rs.5000

For another article:

=> (100+20)/100 × 5000 = SP

=> SP = Rs.6000