Practicing Success
By selling an article for ₹131.25, a trader gains as much percent as the number representing the cost price of the article. In order to earn 40% profit, at what price (in ₹) should he sell the article? |
140 105 75 100 |
105 |
Let the cost price of the article = x Profit% = x So, According to the question, x + \(\frac{x × x}{100}\) = 131.25 x2 + 100x - 13125 = 0 (x + 175) (x - 75) = 0 S0, x = 75 Now, the selling price of the article at a gain of 40% = 140% of 75 = 105 |