Q16 of 70 Page 13

A man sells an article at a profit of 25%. If he had bought it at 20% less and sold it for Rs 36.75 less, he would have gained 30%. Find the cost price of the article.

Let the cost price of article = Rs. X


Profit% = 25%


Selling price of article =


If CP of article is 20% less (given)


Now CP becomes =


Now SP =


Profit % = 30%


By formula,


=


= 30 =


=


=


Cost price of article = Rs.175


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