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Maths Puzzle
When an article is sold for Rs 703 loss incurred is 25% less than the profit earned on selling it at Rs 836. What is the selling price of the article when it earns a profit of 20%?
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- Let the cost price of the article be x
Then,
In the first, case loss incurred= (x-703)
and in the second case profit= (836-x)
Now, According to the statement
loss is 25% less than the profit
=> (x-703)=75% of (836-x)
=>x-703=624-0.75x
=>1.75x=1327
=>x=758
Now the profit is 20%
hence SP will be
758+20%of758=909.6
- 11 years agoHelpfull: Yes(2) No(0)
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