An article is sold at a profit of 20%. If both the cost price and selling price are Rs. 100 less, the profit would be 4% more. Find the cost price ?
Answers
Answered by
4
Answer:
Review it, if answer is correct
Step-by-step explanation:
Take Cost Price = 100x = 5x
Sales Price After 20% Profit = 120x = 6x
After Reduction of 100 From each get 24 % profit
5x - 100 = 100 / 6x - 100 = 124
x = 120
Cost Price = 5x = 5 * 120 = 600 rs
Similar questions