Question

answer please

an article is sold for 500 and a loss is incured .had the article been sold for 700,the shopkeeper would have gained three times the former loss.What is cp of the article?

please help pleaseee​

Answer 1

Answer:-

Step-by-step explanation:

If current loss is x then would-be profit is 3x

If article is sold for 700 then it will first wipe out earlier loss and earn new profits.

=> 700 - 500 = 200 represents 4x

=> x = 50

Cost price = 550