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An artcle is sold at a profit of 25%. If both the cost price and the selling price of the article are increased by Rs200, then the
profit percentage is 20%. What is the original cost price of the article?
Rs800
Rs9090
Rs750
Rs840
- Let's denote the original cost price as \( C \).
- The original selling price is \( C + 0.25C = 1.25C \).
- If both prices are increased by Rs200, the new selling price is \( 1.25C + 200 \) and the new cost price is \( C + 200 \).
- The new profit percentage is given as 20%, so:
$$
\frac{(1.25C + 200) - (C + 200)}{C + 200} \times 100 = 20
- This simplifies to:
\frac{0.25C}{C + 200} \times 100 = 20
- Solving this equation:
\frac{0.25C}{C + 200} = 0.2
0.25C = 0.2(C + 200)
0.25C = 0.2C + 40
0.05C = 40
C = 800
- Rs800 is indeed the correct original cost price.
By: santosh ProfileResourcesReport error
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