Math, asked by MysteriousAryan, 5 days ago

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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Answers

Answered by SugaryHeart
27

Step-by-step explanation:

Given:

Initial SP of article = Rs. 265.50

Gain % = 18%

New SP = Rs. 231.30

Formula used:

CP = SP × [100/(100 + Profit%)]

Profit% = (Profit × 100)/CP

Profit = SP - CP

Calculation:

CP of the article = 265.50 × [100/(100 + 18)]

= 265.5 × (100/118)

= 26550/118

= 225

∴ CP of the article = Rs. 225

∵ The New SP = Rs. 231.30

∴ There will be a profit.

Profit = SP - CP

= 231.3 - 225

= Rs. 6.3

∴ Profit% = (6.3 × 100)/225

= 2.8%

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