Question

by selling an article for a certain amount of a person suffer a loss of 5% if he had sold it for 225 more he would have earned a profit of 10% what was his first selling price of the article

Answer 1

Answer:

Let take cost price = x ,

then by formula

S.P = ((100 - L%)/100)* C.P

S.P = (80/100)* x = (4/5) x

Now if he sell 200 more,

S.P = (4/5)x + 200

Profit will 5 %

S.P = ((100 + P% )/100) * C.P

=> (4/5)x + 200 = ((100 + 5)/100) * x

25x = 20000

x = 800

C.P is ₹ 800

Step-by-step explanation:

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