A trader sold an article at 5% loss. Had he sold the same article for 62.40 more he would have earned a profit of 8%. What would be the selling price of the article if it is sold at 15% profit ?
Answers
Answered by
3
Answer:
rs. 552
Step-by-step explanation:
let cp=100
s.p=c.p×(100-loss %)/100
=100×95/100
=95
when profit is 8% then s.p=c.p×(100+profit%)/100=100×108/100 =108
difference between to s.p's=(108-95)%
=13%
so 13 %eqivalent to 62.4
115 equivalent to 62.4/13×115=rs.552
Similar questions