Question

a man sold a land at a profit of 8¹/² percent had je sold it for 700 more he would have gained by 12 percent find the c. p
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Answer 1

Answer:

Step-by-step explanation:

in first case

P1=(SP-CP)/CP*100,  8.5=(SP-CP)/CP*100  ...(1)

in second case

P2=(SP+700-CP)/CP*100, 12=(SP+700-CP)/CP*100

or 12=700/CP*100+(SP-CP)/CP*100

or 12=700/CP*100+8.5        from....(1)

3.5=700*100/CP

CP=700*100/3.5=20000