Question
When Anil increases the selling price of a product from
Rs. 250 to Rs. 275, his profit increases by 10%. What is the cost price of the product?Solution
Let the Cp of Product=100 Sp =250 After Increase =Sp =275 Profit =275-250=25 ATQ- 10 =25 100=250. CP of Product =250 Rs.
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