Discussions
Kalpana. K

· started a discussion

· 1 Months ago

Plz explain how the diff is 3

Question:
A shopkeeper sells an article at 20% profit. If he bought it for 10% less and sold it for Rs. 12 less, he would have earned 30% profit. What is the actual cost price?
Options:
A) Rs. 400
B) Rs. 500
C) Rs. 450
D) Rs. 600
E) None of these
Solution:


Now

When difference= 3 then C.P. =100

When difference = 12 then C.P. = \(\frac{12\times100}{3}\) 

= Rs. 400/-

Shanky

· commented

· 1 Months ago

130% of 90 is 117 so
120-117=3 which is given in the solution 12
so value of 1 unit is become 4
so 100 unit cost 400 RS( Cost price of Item)

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