If an article costs 25% less, then a profit of 100
more can be made by selling the article at the usual
price. What is the cost price of the article?
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Given:-
- If an article costs 25% less, then a profit of 100 more can be made by selling the article at the usual price.
ToFind:-
- What is the cost price of the article?
Solution:-
- Let, the cost price be x
→ New C.P = x - 25/100 x
→ New C.P = 75/100 x
→ New C.P = 3/4 x
S.P = x
→ Profit = SP - CP
→ 100 = x - 3/4 x
→ 100 = x/4
→ x = 400 ₹
Hence,
- Cost price of the article is 400 ₹
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