ramesh sold an article at a profit of 10%.had it been sold for RS 75 m

1.	ramesh sold an article at a profit of 10%.had it been sold for RS 75 more the profit would have been 16 %find the cost price of the article
Answer» Let the cp be X sp 1 = x + 10% of x = 110/100 x sp 2 = x + 16% of x = 116/100 x sp2 - sp1 = 75 116x/100 - 110x/100 = 75 6x/100 = 75 x = 7500/6 x = 1250 So we have cp = 1250

ramesh sold an article at a profit of 10%.had it been sold for RS 75 more the profit would have been 16 %find the cost price of the article

Answer»

Let the cp be X

sp 1 = x + 10% of x = 110/100 x

sp 2 = x + 16% of x = 116/100 x

sp2 - sp1 = 75

116x/100 - 110x/100 = 75

6x/100 = 75

x = 7500/6

x = 1250

So we have cp = 1250

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ramesh sold an article at a profit of 10%.had it been sold for RS 75 more the profit would have been 16 %find the cost price of the article

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