A shopkeeper makes a 15% profit on a sale.
A shopkeeper makes a 15% profit on a sale. He would have made 18%, if he had sold it for Rs.18 more. The cost price of the article is:
एक दुकानदार बिक्री पर 15% का लाभ कमाता है। यदि वह इसे Rs.18 अधिक में बेचता, तो वह 18% का लाभ कमाता। वस्तु का क्रय मूल्य ___________ है।
Detailed Solution & Logic
Correct Answer:
Rs.600
Let Cost Price (CP) = $ ₹x $
15% profit
SP1 = $ 1.15x $
18% profit
SP2 = $1.18x $
Given difference in selling prices = ₹18
$ 1.18x - 1.15x = 18 $
$ 0.03x = 18 $
$ x = 600 $
Answer = ₹600
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