Question
A shopkeeper sells an article at a loss of 12.50 %. Had he sold it for Rs. 51.80 more, he would have earned a profit of 6%. The cost price of the article is:
Answer: Option A
- Let C.P be Rs. x
Then, (106% of x) - (87.50% of x) = 51.80
=> 18.5% of x = 51.80
=> x = (51.80 x 100 x 2)/37
=280
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- Let C.P be Rs. x
Then, (106% of x) - (87.50% of x) = 51.80
=> 18.5% of x = 51.80
=> x = (51.80 x 100 x 2)/37
=280
Was this answer helpful ?
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