Question

A person solds an article at profit of 15%. If he sold it for Rs 81 less his loss would have been 12℅.Find the cp of the article

Answer 1

Because CP of any article is 100%
so SP = 115%
if 12% loss occurs then New SP 88%
so according to question
115% - 88% = 81
then 27% = 81
then 100% = 300
therefore CP = 300 Rs.

Answer 2

i have given same type of answer.

I am giving u same answer u can follow that


he question is simple and can be solved in many ways.

Easy to understand method-

Let the cost be ‘X’

He sold for ‘1.1X’

If he had charged Rs. 45 more, the profit would be 25%. That brings us to the equation- 1.1X+45 = 1.25X

Solving this will get you to X=300

Now, the simple method-

Use this method if you have complete understanding of the concept-

If Rs. 45 fetches you 15% extra what would be the 100% i.e. in terms of equation X+45= 1.15X

Solving this would give you the answer X=300

Lets verify the answer -

So the cost price is Rs. 300.

The man sold it for Rs. 330 i.e., Rs. 30 at 10% profit

and by adding Rs. 45 he could have sold it for Rs. 375 i.e.,Rs. 75 at 25% profit.

Feel free to ask for any clarifications.