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?
Answer & explanation
Correct answer: option 4
Profit of first = 5%
Selling price of first article = 105
Profit on selling second article = 3%
Selling Price of second article = 103%
Difference = 105 - 103 = 3%
3% of CP = 18
100% of CP = 600