The profit realised by selling an article at Rs. 49.50 is 7/4 times the profit
realised by selling it at Rs. 45. Find the C.P. of the article.
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Given data:
The profit realised by selling an article at Rs. 49.50 is 7/4 times the profit realised by selling it at Rs. 45
To find: the C.P. of the article
Step-by-step explanation:
For the first case, profit1 = S.P.1 - C.P
- or, profit1 = 49.50 - C.P.
For the second case, profit2 = S.P.2 - C.P.
- or, profit2 = 45 - C.P.
By the given condition,
- profit1 = 7/4 × profit2
or, 49.50 - C.P. = 7/4 × (45 - C.P.)
or, 198 - 4 C.P. = 315 - 7 C.P.
or, 3 C.P. = 117
or, C.P. = 39
Answer: C.P. of the article is Rs. 39
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