an article is sold at 25% profit if it's cost price and selling price is increased Rs 20 and Rs 4 respectively than the profit decreased 10 % the cost (in rs) of that article is
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Answer:
Let CP be X. SP will be 1.25X.(25%) profit.
New CP is (X+20). New SP is (1.25X+4). New profit is 10% less is 15%. (SP-CP)*100/CP is profit.
{(1.25X+4)-(X+20)}*100/(X+20)=15
(1.25X+4-X-20)*100=15(X+20)
25X-1600=15X+300. Solving for X we get 190. So cost price is Rs 190.00
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Answered by
0
Answer:
₹190
Step-by-step explanation:
Let CP be X. SP will be 1.25X.(25%) profit.
New CP is (X+20). New SP is (1.25X+4). New profit is 10% less is 15%. (SP-CP)*100/CP is profit.
{(1.25X+4)-(X+20)}*100/(X+20)=15
(1.25X+4-X-20)*100=15(X+20)
25X-1600=15X+300. Solving for X we get 190. So cost price is Rs 190.00
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