Anu earns a profit or 18% by selling an article at a certain price. If she were to sell it for 10.50 more, she would have gained 25%. The original cost price of 12 such
articles is
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We will solve this question by applying formula. As per the given clue in the question.
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Given :-
Anu earns a profit or 18% by selling an article at a certain price. If she were to sell it for 10.50 more, she would have gained 25%
To Find :-
Original cost price of 12 such articles is
Solution :-
Let the original cost price be a
We know that
SP = 100 + P%/100 × CP
SP = 100 + 18/100 × a
SP = 118/100a
Now
SP = 100 + P%/100 × CP
SP = 100 + 25/100 × a
SP = 125a/100
Now
125a/100 = 118a/100 + 10.5
125a/100 - 118a/100 = 10.5
125a - 118a/100 = 10.5
125a - 118a = 10.5 × 100
7a = 1050
a = 1050/7
a = 150
Cost price of 12 article = 12(150) = 1800
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