Gujarati
Hindi
7.Profit and Loss
medium

A shopkeeper sells an article at a gain of $10 \% .$ Had he sold it at a loss of $20 \%,$ its selling price would have been $Rs.\,180$ less. What is the cost price of the article? (in $Rs.$)

A

$630$

B

$600$

C

$580$

D

None of these

Solution

Here, $S.P. _{1}- S.P. _{2}= Rs. 180, x=10, y=-20$

$C \cdot P=?$

Using the formula, $\frac{\text { C.P. }}{100}=\frac{\text { S.P.}_1-\text { S.P. }_{2}}{x-y}$

we get, $C.P. =\left(\frac{180}{10+20}\right) \times 100=\frac{180}{30} \times 100=Rs. 600$

Standard 13
Quantitative Aptitude

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