Question

an artical is sold for 500₹ and hence a loss is incurred. had the article been sold for700₹ the shopkeeper would have gained three times the former loss. what is the cost price of the article

Answer 1

Sol: List price (marked price) of an article = Rs 800 Discount percentage = 15 % Discount = 15 % of 800 = 15/100 x 800 = Rs 120 Selling price of the article = List price - Discount = 800 - 120 = Rs 680 Profit = 40/3 % Cost price = Selling price x (100) / (100 + g) = 680 x (100) / (100 + 40/3) = 680 x (300) / (340) = 600 The cost price of the article = Rs 600.

Answer 2

Answer:

Step-by-step explanation:

cost price = 550

Sale Price =500

Loss= 50

If salelling  price is 700

Than

700-550

=> 150

50×3 =150

The Answer  is 550

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@GauravSaxena01