Jai pal sells a shirt at a profit of 25% had he bought it at 25%less and sold it for ₹250 less, he still would have gained 25%, the cost price of the shirt is
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Answer:
800
Step-by-step explanation:
Given
Jai pal sells a shirt at a profit of 25% had he bought it at 25%less and sold it for ₹250 less, he still would have gained 25%, the cost price of the
Let cost price be 100.
Gain = 25%
Selling price = 100 + 25% of 100 = 125
Let cost price = 75
Gain = 25%
S P = 125 x 75 / 100
S P = Rs 31.25
So For Rs 250 we get
250 x 100 / 31.25
= Rs 800
So the cost price will be Rs 800
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