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- If an article is sold at 19% profit instead of 12% profit, then the profit would be Rs.
Question 1:
If an article is sold at 19% profit instead of 12% profit, then the profit would be Rs. 105 more.What is the cost price?
A. Rs. 1505
B. Rs. 1500
Feedback Let the cost price of an article be Rs. x.
(19% of x) - (12% of x) = 105
19x/100 - 12x/100 = 105 => 7x = 105 * 100
=> x = 1500
Cost price = Rs. 1500
(19% of x) - (12% of x) = 105
19x/100 - 12x/100 = 105 => 7x = 105 * 100
=> x = 1500
Cost price = Rs. 1500
C. Rs. 1650
D. Rs. 1540
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