an article is sold at a gain of 20./. had it been sold for 125more the gain would be 25./. find its cost price
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Let c.p be x
Therefore s.p = x + 20% of x
= x + x/5
= 6x/5
If it would have been sold for ₹125 more then the s.p would have been = x + 25% of x
= x + x/4
= 5x/4
From the condition we get,
5x/4 - 6x/5 = 125
=> x/20 = 125
=> x = 125 × 20 = 2500
Therefore required c.p is ₹2500
Therefore s.p = x + 20% of x
= x + x/5
= 6x/5
If it would have been sold for ₹125 more then the s.p would have been = x + 25% of x
= x + x/4
= 5x/4
From the condition we get,
5x/4 - 6x/5 = 125
=> x/20 = 125
=> x = 125 × 20 = 2500
Therefore required c.p is ₹2500
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