Question

A man sold an article at a profit of 10%. Had he bought it at 20% less and sold it for ₹ 10 more, he would have earned a profit of 40%.Find the cost price of the article

Answer 1

Answer:

500. IND.

Step-by-step explanation:

let O. CP = 100% & sp = 110%

if CP for man = 80% & n .s.p = 110% + 10

(110% + 10) - 80% = 40% of 80%

2% = 10 => 100% = 100 × 10/2

= 500(c.p)