Question

John sold an article to Mahesh at 15% profit
and Mahesh sold it to Ramesh at 8% loss. If
Ramesh paid 1587 for the article, find the
CP of the article.?
​

Answer 1

Answer:

C. P. Of ramesh=S. P. Of mahesh

S. P. =1587

C.P.=(100/100-LOSS)×s.p.

=(100/92)×1587

=1725

C.P OF MAHESH=S. P. OF MAHESH

S. P. =1725

C.P.=(100/100+PROFIT)×S.p.

= 100/115×1725

=1500

C.p. Of mahesh=Rs. 1500

Then article cost =Rs.1500