Question

A shopkeeper sells an article at 10% profit. If he had bought it at 10% less than what he paid for it and sold it for Rs. 10 less, he would have gained 20%. Find the cost of the article.
Plz solve this fast, okkk.​

Answer 1

Answer:

HERE IS YOUR ANSWER

Step-by-step explanation:

Let the cost price be x.

Therefore, selling price y=1.1x

According to the question

y+10=1.25(0.9x)

⇒1.1x+10=1.125x

⇒0.025x=10

⇒x=10/0.025

⇒x=400

∴ The cost price of the articles =Rs. 400.