Question

Sudhir sold his shirt at profit 5%.if he bought that 5% less and he sold Rs 1 less then also he gets 10% profit.find cost price?

Answer 1

Answer:

Rs. 200

Step-by-step explanation:

Let original CP of shirt be x.

Original SP of shirt = 1.05x.

New CP of shirt = 0.95x

New SP of shirt = 1.05x - 1

Profit = [SP - CP/CP] *100

=> 10 = [1.05x - 1 - 0.95x/0.95x] *100

=> 1/10 = 0.1x - 1/0.95x

=> 0.95x = x - 10

=> 0.05x = 10

=> x = 10/0.05 = Rs. 200