Question

if a man reduces the selling price of a fan of rupees 1250 to rupees 1000 , is loss increases by 20% .find the cost price of the fan.

Answer 1

c.p=x,s.p=1250
loss=x-1250
s.p=1000
new loss=x-1000
x-1000=1.2*(x-1250)
x-1000=1.2x-1500
500=.2x
x=2500