Question

An article is sold at 90% of its selling price, the profit earned is 450. The loss incurred is 350 if it is sold at 80% of its selling price. Find the cost price.​

Answer 1

Answer:

the answer is 84.375 percent

Answer 2

Answer:

CP=6750

Step-by-step explanation:

Let SP be x

CP be y

0.9x - y = 450

0.8x - y = -350

- + +

0.1x=800

x = 800÷0.1

x = 8000

Substitute x=8000 in 0.9x-y=450

0.9(8000)-y=450

7200-450=y

y=6750

CP=6750