A person sells an article at 10% below its CP, had he sold it for 332 more, he would have made a profit of 20%. Whats the orginal SP price of the article
Answers
Answered by
8
Answer:1494
Explanation:20% X original value = 332
10%= 166
100%=1660 (original cost price)
final selling price = 90% X 1660
=1494
Answered by
27
Given:
Selling price( S.P) = 10% less than Cost price( C.P)
Profit in case of assumption= 20℅
Increase in S.P in case of assumption= Rs.332
To find:
Original S.P of the article
Solution:
Let the C.P be 100
So original S.P is 90
Now, if profit is 20℅, then S.P should be 120
Difference between the two S.Ps= 120-90= 30
Also, we can write 30 is equivalent to Rs.332
So, 100( C.P) is equivalent to=(332/30)*100 = Rs. 1106.67
So the original C.P is Rs.1106.67
Original S.P is 10℅ less than C.P
So, 90℅ of C.P = S.P
So, 90℅ of 1106.67 = Rs. 996
The original S.P of the article is Rs.996.
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