If 8% of cost price of an article is equal to 7% of selling price and 10% of selling
price is less than 12% of by 40 paise, find the cost price and selling price of the
article.
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Step-by-step explanation:
Let the cost price be x
SP of 5 articles =CP of 6 articles
SP of 1 articles =56x
Clearly, since SP>CP, therefore there is profit
Profit %=CPSP−CP×100
=x56x−x×100=51×100
=20%.
Answered by
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Answer:
Step-by-step explanation:
Cost price $70 selling price $80
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