Question
The cost price of a bag was such that when sold at a
profit of 35%, it fetched a certain amount. But if it had been sold at a profit of 20%, the trader would have made Rs.180 less. Find the cost price.Solution
ATQ, Let the CP be Rs.x. x * 135/100 – x * 120/100 = 180 27x/20 – 6x/5 = 180 27x/20 – 24x/20 = 180 3x/20 = 180 3x = 3600 x = 1200 The cost price = x = Rs.1200
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