Question

An article was sold at profit of 450.
Which is 12% of sp. Then what will the cp? ​

Answer 1

Answer:

Step-by-step explanation:

An article is sold at a profit of 20%. If both the cost price and selling price are Rs. 100 less, the profit would be 4% more. Find the cost price ?

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ANSWER

Let CP =x=x, so S.P =1.2x

When CP is Rs. 100 less,

CP=x−100

SP=1.2x−100

Now,  

1.2x−100=1.24×(x−100)

On solving , we get

x=600

CP=Rs.600

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