Question

A person bought an article and sold it at a loss of 20%. If he had bought it for 10% less and sold it for 55 more, then he would have made a profit of 50%. The C.P. of the article is​

Answer 1

Question

A person bought an article and sold it at a loss of 20%. If he had bought it for 10% less and sold it for 55 more, then he would have made a profit of 50%. The C.P. of the article is​

Answer:

Step-by-step explanation:

cp-cost price

sp-selling price

initially

cp=100%

sp=90% of cp

new cp=80% of cp

new sp=90% of cp + 55 = 140% (80% of cp)

take cp as x

(90x/100)+55 = 140/100 * (80x/100)

solving this

=> x= cp= Rs. 250

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Answer 2

(90x/100)+55=140/100*(80x/100)

solve it

-> x= cp=Rs. 250