Question
Ratio of MP and SP of an article is 8:5 and the article
is sold at 25% profit. Find cost price of article, if the selling price is 200 more than its CP?Solution
Let the MP and SP be 800x and 500x respectively. => 125% of CP = 500x => CP = 400x According to questions, => SP = CP + 200 => 500x = 400x + 200 => 100x = 200 => x = 2 Cost price = 400x = Rs.800
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