Question

An article is sold at a price of 1600. By selling it at a discount of 16% the seller makes 12% profit.Find i) the selling price if the article ii) the cost price of the article

help me pls I need the answer in 5 mins before assignment due time
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Answer 1

Step-by-step explanation:

Selling price of the article = ₹1600

Cost price of the article = ₹(x)

Selling price after the discount of = ₹1344

Equation formed :

: x + (3x/25) = 1344

: 28x/25 = 1344

: x = 1200

Hence the Cost price is ₹1200.

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