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

GIVEN:

1. An article is sold at 25% profit.
2. CP and the SP of the article
3. are increased by Rs 60 and Rs 30.
4. profit% decreases
5. by 15%.

TO FIND:

• the cost price of the article. = ?

EXPLANATIONS:-

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)

(5x/4 + 30) = (110/100) * (x+60)Solve, x = 240

Hence , the C.P of article = Rs. 240