Question

If an article is sold at 19% profit instead of 12% profit, then the profit would be rs. 105 more. What is the c.P.?

Answer 1

Answer:

Step-by-step explanation:

Difference in profit= 19-12=7%

Diff in profitrs 7when costprice=100

105rs in profit deff when cp=105*100/7=3500

Cp is 3500

Answer 2

Answer:

CP is Rs.1500

Step-by-step explanation:

Let the CP be x

An article is sold at 19% profit instead of 12% profit

Amount of profit at 19% = $\frac{19}{100}x = 0.19x$

Amount of profit at 12% = $\frac{12}{100}x = 0.12x$

Now we are given that the profit would be rs. 105 more.

So, $0.19x-0.12x = 105$

$0.07x = 105$

$x = \frac{105}{0.07}$

$x = 1500$

Hence CP is Rs.1500