Question

An article was sold at 15% profit.
Had it been sold for 360, the
profit would have been 20%. At
what price was the article sold?

​

Answer 1

Step-by-step explanation:

We know that,

Selling Price  = Cost Price × ((100 + Gain %)/100)

⇒360 = C.P×(120/100)

⇒$C.P.=\frac{360*100}{120}$

Now,

Profit = 15%

$S.P.=C.P.*\frac{100+Gain}{100}\\ =>S.P.=\frac{360*100}{120}*\frac{115}{100}\\=>S.P.=\frac{360*115}{120}\\ =>S.P.= 345$

∴The Article sold at the price of Rs. 345.

//Hope This Will Helped You//

//Please Mark it as Brainliest//

Answer 2

Answer:

The selling price of an article is $375 .6$

Step-by-step explanation:

Selling price exists as the cost that a buyer spends to buy a product or a commodity. It exists a cost beyond the cost price and includes a percentage of profit also. Cost price exists as the cost at which the dealer buys the product or the commodity.

selling price = cost price $*$ gain%

$360 = CP * 115 / 100$

$CP = 313 .04$

Now,

the profit of article at $20$% gain.

$Sp= CP * gain$%

$Sp = 313 *120/ 100$

$Sp= 375 .6$

Hence, the selling price of an article is $375 .6$.

#SPJ2