Question

TV set was sold at a gain of 15% had it been for rupees 575 the gain would have been 20% find cp

Answer 1

so let's take cost price of the television be y . then according to the question given above 1.2y=575 ruppees so y=479.16 ruppees

Answer 2

15% of the cost price was Rs. 575

Set up an equation:

15%/575% = 575/x

0.1 = 1000/x

0.1x = 1000

x = 1000/0.1

x = 10,000

The price without profit was Rs. 10,000

The selling price was with 5% profit; find out 5% of Rs. 10,000

5%/100% = x/10,000

0.05 = x/10,000

(0.05) (10,000) = x

500 = x

500 is 5% of 10,000; 500 is also the profit:

The selling price, with 5% profit, was Rs. 15000.