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A man sells an article at a profit of 25%. if he had bought
it at 20% less and sold it for Rs.10.50 less., he would
have gained 30%. Find the cost price of the article?
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Answer / techbots
buy value = X
profit = 0.25X
sell value =1.25X
20% less = X-0.2X=0.8X (new buy value)
1.25X-10.5 = new sell value
so (1.25X-10.5-0.8X)/0.8X = 30/100
so 45X-1050 = 24X
so 21X=1050
X = 50
so buy value = X=50
| Is This Answer Correct ? | 90 Yes | 22 No |
Answer / akher
SP=1.25CP.
Also, SP-10.50=0.80*1.30CP.
So, 1.25CP-1.04CP=10.50.
CP=10.50/.21=50
So Rs50 is the Cost price!
| Is This Answer Correct ? | 8 Yes | 8 No |
Answer / bava
As u done in Second Example I think that is correct But in A Book i Found it Answer as 35, Anybody of u Can Clarify the Doubt Correctly ,I Dont get 1St one?
Thanku
| Is This Answer Correct ? | 3 Yes | 9 No |
Answer / asdf
it is 35..
sp = 5/4 of cp
by calculation u get the ans
| Is This Answer Correct ? | 17 Yes | 35 No |
Answer / sv
CP - Cost Price
SP - Selling Price
1st eqn
CP + 0.25CP = SP
2nd eqn
CP - 0.20CP - 10.50 + 0.30(CP - 0.20CP - 10.50) = SP
from above 2 eqn
0.21CP=7.35
CP = 35
Cost Price is Rs 35.
| Is This Answer Correct ? | 8 Yes | 26 No |
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