The profit earned on an article when it is sold for rs 1250 is 19 times the loss incurred when it is sold for rs.250. Find the cost price. Pls help bhaiya.
Cost price =x Now, from the above condition 19(X-250)=1250-x Or, 19x-4750=1250-x Or, 19x+x=1250+4750 Or, 20x=6000 Or, x=300 So, the cost price of that article is 300
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The profit earned on an article when it is sold for rs 1250 is 19 times the loss incurred when it is sold for rs.250. Find the cost price.
Pls help bhaiya.
Cost price =x
Now, from the above condition
19(X-250)=1250-x
Or, 19x-4750=1250-x
Or, 19x+x=1250+4750
Or, 20x=6000
Or, x=300
So, the cost price of that article is 300