A refrigerator was sold at a profit of 13%. Had it been sold for 675 more, the profit would
have been 16%. Find the cost price of the refrigerator.
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Answered by
0
Answer:
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Step-by-step explanation:
sorry
Answered by
1
Answer:
the cost price is ₹22500
Step-by-step explanation:
profit = 13%
let the cp be x
=> original sp = x + 13%(x) = x(1+(13/100)) = x(113/100) = 1.13x
given, if sold for 675 more, the profit would
have been 16%
=> if sp = 1.13x + 675, profit = 16%
16% profit means, sp = x(1+(16/100)) = x(116/100) = 1.16x
thus, 1.16x = 1.13x + 675
=> 0.03x = 675
=> 3x = 67500
=> x = 22500
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