Question

An item was sold at a loss of 25%. Had it been sold for RS.21000 more than the profit would have been 10%. What is the cost price of the item?​

Answer 1

Let the price of item be 'x'

It was sold at 0.8x

0.8x + 3000 = 1.1x

0.3x = 3000

x = 10,000

Price of an item Rs. 10,000

Profit & Loss Concepts

Answer 2

Answer:

Wrong answer is 60000......