a shopkeeper bought a cycle and sold it at a loss of 5℅.if he had bought at 10℅ less and sold it for ₹ 650 more, he would have gained 20℅ .find the cost price of the article?
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Step-by-step explanation:
20%of 650=130
Therfore he must bought it for 520
10% of 520= 52
Actual price of buying is 572
The cost prize is less by 5%
Therfore cost prize= 572- (572÷100)×5=572- 28.60=553.40
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