Question

An article is sold at a profit of 25%. If both the cost price and selling price are Rs. 175 less,

profit would be 5% more. Find the cost price (in Rs.)​

Answer 1

sp = y and cp=x
y = 5/4 x
y-175 = 13/10(x-175) therefore x/20=3×175/10
x= 1050

Answer 2

The cost price is 600.

Step-by-step explanation:

Consider the provided information.

Let Cost Price is x.

Therefore, the Selling Price = 1.25x.

When CP is Rs. 175 less,

$CP = x - 175$

$SP = 1.25x - 175$

Then the profit is % more.

$1.25x- 100 = 1.3\times(x-100)$

On Solving, we get

$1.25x- 100 = 1.3x-130$

$130- 100 = 1.3x-1.25x$

$30= 0.05x$

$x=600$

Hence, the cost price is 600.

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