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Question

A shopkeeper sold an article at 5% profit. If he had old it at a profit of 1712% the profit would have been Rs25 more. What is the cost price of the article

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Solution

Let the CP be x.

The article is sold at 105x100

If the profit is 352% the article would be sold at 117.5x100

117.5x100105x100=25

12.5x100=25

x100=2

x=200

The cost price of the article is 200Rs

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