Question

A person has sold his car in some rup. and get profit of 10 percent .If he were to selll his car in 1000 rup. more than he would get 20 percent.What is the price in which he sold the car.​

Answer 1

Answer:

Let C.P of one article =1 Rs.

Then C.P of 40 article=40 Rs.

According to the question

S.P of 50 article =C.P of 40 article=40 Rs.

We assume that C.P of one article =1Rs.

then C.P of 50 article=50 Rs.

Loss=50-40=10 Rs.

Loss %=

50

10

×100=20%