Question
An electronic item was sold at a profit of 28%. If it
had been sold at a profit of 18%, the seller would have earned Rs.200 less. What is the cost price of the item?Solution
ATQ, Let the cost price be Rs.x. x * 128/100 – x * 118/100 = 200 32x/25 – 59x/50 = 200 (64x – 59x) /50 = 200 5x/50 = 200 x/10 = 200 x = 2000 The cost price = x = Rs.2000
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