An article sold at a profit of 20% if both the cost price and selling price would be Rs.20/- the profit would be 10% more. What is the cost price of that article?

• I think qn should be
  An article sold at a profit of 20% if both the cost price and selling price would be less by Rs.20/- the profit would be 10% more. What is the cost price of that article?
  
  In that case , actual cost price = Rs 60 and selling price with 20% profit = Rs. 72.
  If CP and sp is Rs 20 less, then
  cp=Rs 40 and Sp = Rs 52 and hence profit is 30%.
  
  so cp = Rs 60.
• 13 years agoHelpfull: Yes(18) No(6)
• Pls check the qn.
  
  if both the cost price and selling price would be Rs.20/, the there will be no profit.
• 13 years agoHelpfull: Yes(14) No(1)
• SP=120% of CP---(1)
  (SP-20)=130% of (CP-20)-----(2)
  substitute eqn (1) in (2)
  we get,
  CP=60
  
  ANS=Rs. 60
  
• 10 years agoHelpfull: Yes(7) No(0)
• How Actual Cost price is 60...???
• 9 years agoHelpfull: Yes(4) No(0)
• galat h ye
• 8 years agoHelpfull: Yes(1) No(0)
• if boht the cp and sp is increased by the same amout A
  the formua is :
  
  cp={[intial profit %+increase profit%]Xamount}/increase in profit
  
  
  cp=((20+10)X20)/10
  =600/10
  =60
• 7 years agoHelpfull: Yes(1) No(0)
• actual cost price = Rs 60 and selling price with 20% profit = Rs. 72.
  If CP and sp is Rs 20 less, then
  cp=Rs 40 and Sp = Rs 52 and hence profit is 30%.
  
  so cp = Rs 60.
  
• 10 years agoHelpfull: Yes(0) No(2)
• Cp and Sp = 20 %
  profit = 10 %
  Cp =(sp+profit)*sold/profi
  cp=((20+10)X20)/10
  =600/10
  =60
• 7 years agoHelpfull: Yes(0) No(0)