Practicing Success
A trader sells an article at 16% below its cost price. Had he sold it for ₹192.20 more, he would have gained 15%. The cost price (in ₹)of the article is: |
620 680 720 640 |
620 |
ATQ, 16% below the cost price = 84% of the cost price Gain of 15% means = 115% of the cost price So, (16% + 15%) of the cost price = 192.20 100% of the cost price = \(\frac{192.20 × 100}{31}\) = 620 |