In place of 18% profit an article is sold at 42% profit and
seller gets 110.40 more. Find the selling price of article if it
were sold at 25% profit?
(1)7440 (2) 460 (3) 575 (4) 550
(5) 525
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Step-by-step explanation:
Given
In place of 18% profit an article is sold at 42% profit and
seller gets 110.40 more. Find the selling price of article if it
were sold at 25% profit?
(1)7440 (2) 460 (3) 575 (4) 550
(5) 525
Let the cost price of the article be x
Now according to question we get
42 x / 100 – 18 x/100 = 110.4
24 x = 1104
x = 1104 / 24
x = 460
Now selling price of article at 25% profit will be 460 x 125 / 100 = 575
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