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 Posted / 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!
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