Question

can you explain this sum in eassy way Leela sold her gold necklace at a profit of 7%. If she had sold it for Rs 294 more, she would have got 10% profit. Find the cost price.

Answer 1

Answer:

I won't provide the answer as you strictly want the meaning and not the answer

Step-by-step explanation:

Let the actual cost price be x

∵Profit % = (SP-CP)/CP

∴7% = (SP-CP)/CP ...eq(1)

If SP was SP+294 then Profit % would be 10 % means

10 % = (SP + 294 - CP)/CP ... eq(2)

THATS WHAT THE Question MEANS

HOPE IT HELPS...!!!