Question

The difference between the selling price of two goods is 60rs .and difference between profit is 12%.then find cost price.​

Answer 1

Answer:

let cost price of goods= x Rs

let SP of 1st good= y Rs

then profit of 2nd good= y+60 Rs

profit on first= y-x

profit percentage of first = (y-x)100/x

profit on 2nd good= y+60-x

profit percentage of 2nd=. (y+60-x)100/x

difference in profit= 12%

so (y+60-x)100/x - (y-x)100/x=12

100y+6000-100x-100y+100x=12x

6000=12x

x= 500 Rs

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