Rakesh calculates his profit% on s.P and mohan calculates his profit% on
c.P. They find that the difference of their profit is rs 100.If both of them gets 25% profit and the s.P. Being same. Find their s.O.
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Let selling price x
Rakesh profit 0.25x
Mohan profit 0.25x/1.25
0.25x - 0.25x/1.25 = 100
0.3125x - 0.25x = 125
0.0625x = 125
x = 2,000.
Sale price is 2,000.
Rakesh profit 0.25x
Mohan profit 0.25x/1.25
0.25x - 0.25x/1.25 = 100
0.3125x - 0.25x = 125
0.0625x = 125
x = 2,000.
Sale price is 2,000.
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