Question

the selling price of an article was 25% more, then the profit made would change by $550. If its cost price was 20%
300. Find the actual profit (in $) made by selling the article.
- 600
700
800
750
​

Answer 1

Answer:

700 అనుకుంటున్నాను నాకు తెలియదు

Answer 2

Answer:

The actual profit is 700 rupees.

Step-by-step explanation:

Given selling price of an article was 25% more then the profit made would change by $550.

Let cost price be x and selling price be y.

Here if selling increase by 25 % then profit will changes 550 rupees.

So, we can say 25% of selling price is equal to 550 rupees.

Therefore

$\frac{25}{100} \times y = 550$

$\frac{1}{4} y = 550$

By cross multiplication,

$y = 4 \times 550 = 2200$

Therefore selling price=2200 rupees

Here given 20% of cost price is equal to 300 rupees.

So,20% of x is equal to 300 rupees.

$\frac{20}{100} x = 300$

$\frac{1}{5} \times x = 300$

By cross multiplication,

$x = 300 \times 5 = 1500$

Therefore cost price is 1500 rupees.

We know profit= selling price - cost price and loss = cost price - selling price.Here selling price is greater than cost price.

Hence required profit is

$(2200 - 1500) = 700$rupees.