Question
An article is sold at 37.5% profit. If difference
between cost price and selling price of article is Rs. 2,025, then find the cost price (in Rs.) of article.Solution
Let the cost price of article be Rs. 'm'.Selling price of article = Rs. '1.375m'So, 1.375m - m = 2,025Or, 0.375m = 2,025Or, 'm' = 5,400
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