Question

By selling an article for rupees 692, A shopkeeper gains 20%. Find the price of the article

Answer 1

ϙᴜᴇsᴛɪᴏɴ

By selling an article for rupees 692, A shopkeeper gains 20%. Find the price of the article

ᴛᴏ ғɪɴᴅ

• ᴄᴏsᴛ ᴘʀɪᴄᴇ ᴏғ ᴛʜᴇ ᴀʀᴛɪᴄʟᴇ

SOLUTION :-

Let the CP be ₹ x

Profit = 20%

$cp \: = \: \frac{ \cancel{20}x}{ \cancel{100} \: \: 5 } = \frac{x}{5} \\ \\ sp = cp \: + p \\ \\ 250 \: = \: \frac{20x}{100} + 20\ \\ \\ 250 \: = \frac{20x +100 }{100} \\ \\ 250 = \frac{ \cancel{12} \cancel0 \: x \: \: 6}{ \cancel{10} \cancel0 \: \: 5} \\ \\ 250 = \frac{6x}{5} \\ \\ 6x = 250 \times 5 \\ \\ 6x = 1250 \\ \\ x = \frac{1250}{6} \\ \\ \therefore \: x = 208.33$

so ,

the CP of the article is ₹ 208.33

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