A shopkeeper sold an article at a profit of 20% if he had found it at 20% less and sold it at rupees 80 less then he earn a profit of 25% find the cost price of article
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2
Answer:
375 is the answer
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Answered by
2
Answer:
1st case profit 20% i.e 1/5
means
5---becomes------------6 in a year
2nd case profit 25% i.e 1/4
means
4---------5 in a year
reduction of cost from 5 to 4 i.e 20%
reduction of S.P from 6 to 5 i.e 1 unit which is given as 80
means 1 unit = 80
cost is 5 unit ∴ 5 unit = 5×80
∴ cost is 400 Rs
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