Question

ramesh sold an article at a profit of 10%.had it been sold for RS 75 more the profit would have been 16 %find the cost price of the article

Answer 1

Let the cp be x

sp 1 = x + 10% of x = 110/100 x

sp 2 = x + 16% of x = 116/100 x

sp2 - sp1 = 75

116x/100 - 110x/100 = 75

6x/100 = 75

x = 7500/6

x = 1250

So we have cp = 1250

Answer 2

Answer:

Let the cp be x

sp 1= x + 10% of x = 110/100 x

sp 2 = x + 16% of x = 116/100 x

sp2 - sp1 = 75

116x/100-110x/100 = 75

6x/100 = 75

x = 7500/6

x = 1250

So we have cp = 1250

Step-by-step explanation:

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