Question

Rahim sells a chaor at a gain of 7.5%. If he bought it at 12.5% less and sold it for rs 5 more. Would have gained 30%.The cp the chair is

Answer 1

Step-by-step explanation:

let the actual cost price be 100 parts

but if he had it brought for 12.5 less then assumed selling price is 87.5 parts

given 87.5parts+ 5 rupess = 30% of 87.5 = 26.25 ie 87.5+26.25 = 113.75 parts

113.75-87.5= 5

26.25= 5

1 part = 5.25

100 parts= 525