Question

A shopkeeper sells an article at 15% gain. Had he sold it for ₹ 18 more he would have gained 18% . Find the cost price of the article

Answer 1

Answer:

Correct Option: C

Suppose C.P. of article be $ y

∴ (118 – 115)% of y = 18

⇒

y × 3

= 18

100

⇒ y =

18 × 100

= $ 600

3

We can find required answer with the help of given formula :

Here, a = 15%, R = 18, b = 18%

C.P. =

R × 100

b - a

C.P. =

18 × 100

= $ 600

18 - 15

Answer 2

Answer:

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