Sridevi sells an article at a profit of 50%. If she had bought it at 40% less and sold it for Rs.21.50 less, She would have gained 60%. Find the cost price of the article.

1 Answer

Answer :

1st selling price=150% of x = 150x/100 = 15x/10

New Cost price=60% of x = 60x/100 = 6x/10

 2nd selling price = 160% of 6x/10 = 160/100 * 6x/10 = 96x/100

 Therefore 15x/10 – 96x/100 = Rs.21.50

 X=Rs.39.81

 Therefore cost price of the article = Rs.40 (approx.)

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