Question
Two articles P and Q were sold at 20% profit and 25%
loss respectively. If the cost price of Q is Rs. 180 and the net profit on the deal is Rs. 6, find the cost price of P.Solution
ATQ, Let the cost price of P be Rs. x. ATQ; (x × 1.20) + (180 × 0.75) = x + 180 + 6 Or, 1.20x + 135 = x + 186 Or, 0.20x = 51 So, x = 255 Therefore, the cost price of P is Rs. 255.
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