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.

Question

Philoid · Accepted Answer

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