प्राइस ऑफ अ बाइक इन 15% मोर थन इट्स कॉस्ट प्राइस इट इज सोल्ड अट ए डिस्काउंट ऑफ 20% फाइंड डीलर क्लोज और प्रॉफिट परसेंटेज
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An article is sold at a profit of 20%. If both the cost price and selling price are Rs. 100 less, the profit would be 4% more. Find the cost price ?
ANSWER
Let CP =x=x, so S.P =1.2x
When CP is Rs. 100 less,
CP=x−100
SP=1.2x−100
Now,
1.2x−100=1.24×(x−100)
On solving , we get
x=600
CP=Rs.600
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