Question
The profit obtained by a vendor on selling goods at
₹3,200 is equal to 7/5th of the profit obtained by selling the same goods at ₹3,000. What is the cost price (in ₹) of the goods?Solution
Sp=3200 Second SP=3000 Let the Cost price =x ATQ- 3200-x =(3000-x)7/5 16000-5x =21000-7x 2x =5000 X =2500 Cost price =2500Rs.
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