Loss incurred by selling an article for Rs 800 is 23% more than profit gained by selling same article for Rs 1246 Find the cost price of this article?
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you can just put the formula of cost price for this question and then you will get your answer and even if you don't know that formula you can search that on google and you will get your answer
ayeshapainuly5p5xsso:
= 800-x
Let c.p be x. Loss= 800-x. Loss= 23%(profit)+ profit. Profit=1246-x. According to question. 800-x=23%(1246-x)+1246-x. Answer will be 1046
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Answer:1046
Step-by-step explanation:
Let x be the cost price of the article.
The loss incurred by selling it for Rs 800 is x - 800, and that loss is 23% more than the profit gained by selling it for Rs 1246, where the profit is 1246 - x; hence, we can write the following equation to solve for x, thereby finding the cost price of the article:
x−800=1246−x+23100(1246−x)
2x=2046+23100(1246−x)
200x=204600+28658−23x
223x=233258
x=1046
Thus, the cost price of the article is Rs 1046
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