A shopkeeper sells a sweater at a loss of 5 percent. If he had sold it for 260 rupees more he would have made a profit of 15 percent. Calculate the purchase price of the sweater

Open in App

Solution

If the product sold at 95%(5%Loss) of Cost Price and If the product sold at 115%(15% Profit),Difference in Price=Rs. 260
which is equal to 115%-95%=20%
20%=Rs.260
100%=Rs.1300
So,Cost Price is Rs.1300

Suggest Corrections

Similar questions

Q. A shopkeeper sells a sweater at a loss of

5 %

. If he had sold it for Rs.

260

more, he would have made a profit of

15 %

. Calculate the purchase price of the sweater.

Janki sold her leather purse at 8 percent loss. If she had sold it for 150 rupees more, she would have made a profit of 12 percent. Find selling price of the purse

Q. A shopkeeper sells a saree at 8% profit and a sweater at 10% discount, thereby getting a sum of ₹1008. If she had sold the saree at 10% profit and the sweater at 8% discount , she would have got ₹ 1028 . Find the cost price of the saree and the list price (price before discount) of the sweater.

Q. A dealer sold a motorcycle at a loss of

10

%. If he had sold it for Rs

4500

more, he would have made a profit of

5

%. Find the selling price of the motorcycle.

Q. A man sold a bicycle at 5 percent profit. If the cost price had been 30 percent less and the selling price ₹63 less he would have made a profit of 30 percent. What was the cost price of the bicycle

Join BYJU'S Learning Program

A shopkeeper sells a sweater at a loss of 5 percent. If he had sold it for 260 rupees more he would have made a profit of 15 percent. Calculate the purchase price of the sweater

If the product sold at 95%(5%Loss) of Cost Price and If the product sold at 115%(15% Profit),Difference in Price=Rs. 260 which is equal to 115%-95%=20% 20%=Rs.260 100%=Rs.1300 So,Cost Price is Rs.1300

If the product sold at 95%(5%Loss) of Cost Price and If the product sold at 115%(15% Profit),Difference in Price=Rs. 260
which is equal to 115%-95%=20%
20%=Rs.260
100%=Rs.1300
So,Cost Price is Rs.1300