Question

an article sold for at 12% gain if it had been sold would have been 20% find the cost price of the article​

Answer 1

Answer:

Let the cost price be x.

Therefore, selling price y=1.1x

According to the question

y+10=1.25(0.9x)

⇒1.1x+10=1.125x

⇒0.025x=10

⇒x=10/0.025

⇒x=400

∴ The cost price of the articles =Rs. 400.