Question
A shopkeeper sold a school bag at a profit of 65%. Had
he sold the school bag at 35% profit he would have earned Rs.183 less. Find the cost price of the school bag.Solution
Let the cost price of the school bag be Rs.’x’ According to question, => 1.65x – 1.35x = 183 => 0.3x = 183 => x = 610 So, the cost price of the school bag is Rs.610.
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