Practicing Success
When an article is sold for ₹720, there is a profit of x%. When the same article is sold for ₹750, profit is (x + 5)%. What is the value of is the value of x? |
20 18 25 15 |
20 |
The two selling prices are = 750 and 720 Let the cost price = y So, according to the question = The two profits are = x% and x+5% and the difference in profits are = 5% \(\frac{750 - y}{y}\) - \(\frac{720 - y}{y}\) = \(\frac{5}{100}\) \(\frac{30}{y}\) = \(\frac{5}{100}\) CP = y = 600 Now the profit% = \(\frac{720 - 600}{600}\) × 100 = 20% |