Question
The cost price of two articles is same. One article is
sold at 25% profit and another at 12% loss. If the selling price of one article is Rs. 777 more than that of another, then find the selling price of article sold at profit.Solution
Let the cost price of both the articles be Rs. x According to the question, 1.25x – 0.88x = 777 => x = 777/0.37 = 2100 Therefore, selling price of article sold at gain = 1.25 x = Rs. 2625
In Bonds, coupon refers to
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