Question

A trader incurs a loss of 10% from selling an item. If the selling price was Tk. 200 more,
he would have made a profit of 15%. What was the cost of the item?
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Answer 1

Answer:

Rs.800

Explanation:

Let the CP of item be x.

According to Question,

115% of x - 90% of x = 200

=> 115/100x - 90/100x = 200

=> 25/100x = 200

=> 1/4x = 200

=> x = 800

Hence, the cost of the item was Rs.800