Question

A TV set is sold at a gain of 15%. Had it been sold for ₹ 575 more, the gain would have been 20%. Find the cost price of the set.​

Answer 1

Step-by-step explanation:

the diff. between sold profit 15 and 20% is 5% which is 575 rs

so value of 5 % is 575

X * 5/100 = 575

X = (575*100)/5

X = 11500 is the selling price after 20% profit

so 120% of cost price is 11500

Y*120/100 = 11500

Y = (11500*100)/120

Y = 9583.33