an article is sold at a profit 20% .Had it been sold for 60more,
Answers
Answer:
An article is sold at a profit 20% had it been sold for Rs 60 more, the profit would have been 30%.
Answer:
Rs.150
Step-by-step explanation:
Let the cost price be x
Case 1)
Loss% = 20%
Loss = 20\% \times x = \frac{20}{100}x=\frac{1`}{5}x20%×x=
100
20
x=
5
1‘
x
SP = CP -Loss = x-\frac{x}{5}=\frac{4}{5}xx−
5
x
=
5
4
x
Case 2)
Profit% = 20%
Profit = 20\% \times x = \frac{20}{100}x=\frac{1`}{5}x20%×x=
100
20
x=
5
1‘
x
SP = CP+profit = x+\frac{x}{5}=\frac{6}{5}xx+
5
x
=
5
6
x
Now we are given that here is yield of rupees 60 more if the article is sold at a profit of 20%
So, \frac{6}{5}x-\frac{4}{5}x=60
5
6
x−
5
4
x=60
\frac{2}{5}x=60
5
2
x=60
x=60 \times \frac{5}{2}x=60×
2
5
x=150x=150
Hence the cost price of the article is Rs.150
Step-by-step explanation:
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