by selling an article at rupees 180 the profit is three fifth of the cost price then find the cost priceby selling an article at rupees 180 the profit is three fifth of the cost price then find the cost price
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Answer:
Cost Price = 112.5
Explanation:
Let Cost price be x.
Then x+3/5x = 180 (Since Cost price+Profit=Selling Price)
(5x+3x)/5 = 180 (By doing L.C.M)
8x/5 = 180
8x = 900
x = 900/8
x = 112.5
Therefore, Cost Price = 112.5
Profit = 112.5*3/5 = 67.5
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