Question

An article is sold at a gain of 15% had it been sold for rs.27 more the profit would have been 20% the cp of the article is?

Answer 1

Answer:

540 rupees

Explanation:

Original profit: 15%

Increase in sale price = 27 rupees

New Profit: 20%

Therefore profit increase = 5%

Therefore, 5% of CP = 27

Substituting,

CP*5/100 = 27

CP/20 = 27

CP = 20*27

CP = 540

QED

Answer 2

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