Question

Ravi sells an article at a gain of 12.5%. Had he sold it at Rs. 22.50 more, he
would have gained 25%. The cost price of the article is​

Answer 1

costprice is Rs 180

Rs. I80 is the answer

Answer 2

Answer:

Rs.180

Step-by-step explanation:

Let CP be x

Ravi sells an article at a gain of 12.5%.

Sp = $x+\frac{12.5}{100}x$

Gain% = 25%

Sp = $x+\frac{25}{100}x$

We are given that Had he sold it at Rs. 22.50 more, he  would have gained 25%.

So, $x+\frac{25}{100}x-(x+\frac{12.5}{100}x)=22.50$

$x=180$

Hence Cost price of article is Rs.180