Question 52

The cost price of the two articles is the same. One article among them is sold at a profit of 15% and the other is sold at a profit of 12%. if the difference between their selling prices is ₹18, what is the cost price of each article?

Solution

Let's assume the cost price of each of the article is ₹ y.

One article among them is sold at a profit of 15% and the other is sold at a profit of 12%.

The difference between their selling prices is ₹18.

115% of y - 112% of y = 18

3% of y = 18

0.03y = 18

y = ₹ 600

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