A man sells an article at a gain of 10%.If he had bought it for 10% less and sold it for ₹10 more he would have gained 25% on selling them . Find the cost price of the article

Asked by negigeeta880 | 9th Nov, 2019, 06:02: AM

Expert Answer:

Let the cost of article = x
SP = 1.1x
if
CP = 0.9x
SP = x + 10
P = 10 +0.1x
Then P% = 25%
25 = ((10+0.1x)÷0.9x)×100
x = 80
CP = 80Rs.
 

Answered by Arun | 10th Nov, 2019, 08:24: PM