Question

if Akhil sold an article for 500 and gained 25 percent on it, find the cost price of the article

Answer 1

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Answer 2

Given that akhil sold an article for
Rs 500.

selling price of article = Rs 500

let the cost price of article be 'x '

since akhil gained 25% on it .

then , find the gain :

gain = 25 % of x = 0.25 x

cost price + gain = 500

x + 0.25 x = 500

1.25 x = 500

125x / 100 = 500

125 x = 50000

x = Rs 400

therefore , the required cost price of article was Rs 400.

Your Answer : C.P = Rs 400