Question

By selling an article at 7% profit instead of 11% loss, a man gains Rs.720 more.what is the c.p(in rs)of that article?​

Answer 1

according to the given condition

the seller gains 7% profit

let the amount of profit be x

x = 7% of 720

x= 7/100 × 720

x= 50.4

therfore c p = sp - profit

= 720-50.4

= 669.9 rs