Question

an article sold for rs.357 at a gain of 6 1/4%.find the cost price​

Answer 1

1) If 12.5% on cost price

1) If 12.5% on cost priceThe the product is sold at (100-12.5%)87.5% of the cost price.

1) If 12.5% on cost priceThe the product is sold at (100-12.5%)87.5% of the cost price.Implies selling price is 87.5% of the cost price. Selling Price= 87.5% * Cost price

1) If 12.5% on cost priceThe the product is sold at (100-12.5%)87.5% of the cost price.Implies selling price is 87.5% of the cost price. Selling Price= 87.5% * Cost priceCost price =4375/87.5%=Rs 5000.

1) If 12.5% on cost priceThe the product is sold at (100-12.5%)87.5% of the cost price.Implies selling price is 87.5% of the cost price. Selling Price= 87.5% * Cost priceCost price =4375/87.5%=Rs 5000.2)If loss of 12.5% is on selling price

1) If 12.5% on cost priceThe the product is sold at (100-12.5%)87.5% of the cost price.Implies selling price is 87.5% of the cost price. Selling Price= 87.5% * Cost priceCost price =4375/87.5%=Rs 5000.2)If loss of 12.5% is on selling priceLoss in that case would be Rs.4375*12.5%-Rs. 546.875

1) If 12.5% on cost priceThe the product is sold at (100-12.5%)87.5% of the cost price.Implies selling price is 87.5% of the cost price. Selling Price= 87.5% * Cost priceCost price =4375/87.5%=Rs 5000.2)If loss of 12.5% is on selling priceLoss in that case would be Rs.4375*12.5%-Rs. 546.875Cost price =selling price+loss suffered

1) If 12.5% on cost priceThe the product is sold at (100-12.5%)87.5% of the cost price.Implies selling price is 87.5% of the cost price. Selling Price= 87.5% * Cost priceCost price =4375/87.5%=Rs 5000.2)If loss of 12.5% is on selling priceLoss in that case would be Rs.4375*12.5%-Rs. 546.875Cost price =selling price+loss sufferedRs. 4375+546.875=4921.875

1) If 12.5% on cost priceThe the product is sold at (100-12.5%)87.5% of the cost price.Implies selling price is 87.5% of the cost price. Selling Price= 87.5% * Cost priceCost price =4375/87.5%=Rs 5000.2)If loss of 12.5% is on selling priceLoss in that case would be Rs.4375*12.5%-Rs. 546.875Cost price =selling price+loss sufferedRs. 4375+546.875=4921.875However in general business practice profit/loss is assumed on the cost, therefore if you won't describe in the question on what you have taken the 12.5% ,it would be assumed that it is on cost and hence alternative (1) will be taken with answer of Rs.5000

Answer 2

cp =16

sp=17

17= 357

1= 21

and 16×21= 336