CAT Exam

A man sold an article at 10% profit. Had it been sold for Rs. 50 more, he would have gained 15%. Cost Price of the article is:

Read Solution (Total 2)

Cost price=1000 Rs.
If CP=x, SP=1.1x
Given 1.1x+50=1.15x or 0.05x=50 ,x=1000
11 years agoHelpfull: Yes(2) No(1)

Let C.P. is x
then S.P.= 110%of x = 110x/100
now new S.P.= (110x/100)+50 = 115% of x = 115x/100
after solving x = 1000 that is the cost price
11 years agoHelpfull: Yes(1) No(1)

CAT Other Question

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