Question

Q.8 - An article is sold at 25% profit. If the CP and the SP of the article
are increased by Rs 60 and Rs 30 respectively, the profit% decreases
by 15%. Find the cost price of the article.​

Answer 1

Answer: B. Rs. 240

Explanation: CP = x, then SP = (125/100)*x = 5x/4

New CP = (x+60), new SP = (5x/4 + 30), new profit% = 25-15 = 10

So (5x/4 + 30) = (110/100) * (x+60)

Solve, x = 240

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