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the profit of certain article is 25 percent.had it been bought at 10 percent discount and sold for 20 percent more than the earliest cost,the profit would have been rs600.what is the cost price of the article.
Read Solution (Total 3)
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- Let CP be x
Gain% = 25%
Then SP = x*125/100
SP = 5x/4
If it had been bought at 10% discount
Then CP = x*90/100
CP = 9x/10
sold at 20% more that the earliest cost... [earliest cost means x]
Then SP = x*120/100 = 600+9x/10
6x/5 = 6000+9x/10
12x = 6000+9x
3x = 6000
x = 2000
Ans : Rs. 2000 - 10 years agoHelpfull: Yes(25) No(0)
- 6x/5=600+9x/10. Not 6x/5=6000+9x/10
- 10 years agoHelpfull: Yes(0) No(2)
- 2800, here 20%more than previous is not regarding previous cost price but selling price
- 8 years agoHelpfull: Yes(0) No(3)
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