Question

An article is sold for rs 1850 at a loss of 7.5 per cent. Find its cost price. What should be the S. P., if the shopkeeper wishes to make a profit of 12.5 per cent ?​

Answer 1

Answer:

Step by step instructions: let cost be x

cost = s.p + loss (or) cost = s.p-profit

x = 1850+0.075x

x-0.075x = 1850

x = 1850 / 0.925

x= 2000.

s.p @ 12.5% profit :- let s.p be x

cost = s.p-profit

2000 = X - 250 (2000* 12.5%)

X = 2250.