A man sells an article at a profit of 15%.
If he had bought it for 10% less and sold it for ₹35 less, he would have gained 25%.
Find the original cost price.

Question

A man sells an article at a profit of 15%. If he had bought it for 10% less and sold it for ₹35 less, he would have gained 25%. Find the original cost price.

Accepted Answer

1400. Let CP = x. Original SP = 1.15x. New CP = 0.9x, new SP = 0.9x × 1.25 = 1.125x. New SP = original SP - 35, so 1.125x = 1.15x - 35 → 0.025x = 35 → x = ₹1400.

A man sells an article at a profit of 15%.
If he had bought it for 10% less and sold it for ₹35 less, he would have gained 25%.
Find the original cost price.

Step-by-Step Solution

Master this chapter in 30 minutes a day.

More Class 7 Profit and Loss practice

A man sells an article at a profit of 15%.If he had bought it for 10% less and sold it for ₹35 less, he would have gained 25%.Find the original cost price.

Step-by-Step Solution

Master this chapter in 30 minutes a day.

More Class 7 Profit and Loss practice

A man sells an article at a profit of 15%.
If he had bought it for 10% less and sold it for ₹35 less, he would have gained 25%.
Find the original cost price.