Question
Two items are sold at Rs. 250 each. One is sold at 10%
profit and the other at 20% loss. What is the approximate cost price difference between them?Solution
ATQ,
Let CP of profit article = x, loss article = y
x = 250 / 1.1 = 227.27
y = 250 / 0.8 = 312.5
Required difference = 312.5 – 227.27 = Rs. 85.23 or Rs.85
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