Question

Ram buys an article for 2000 and sells it at a 20 % loss; the selling price of the article is
will be _______
please answer the question.
it is urgent because tomorrow there is test​

Answer 1

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