Question:
Anu earns a profit of 18% by selling an article at a certain price. If she were to sell it for ₹10.50 more, she would have gained 25%. The original cost price of 12 such articles is (in ₹):
Anu earns a profit of 18% by selling an article at a certain price. If she were to sell it for ₹10.50 more, she would have gained 25%. The original cost price of 12 such articles is (in ₹):
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When solving profit-related problems, use the profit percentage formula:
\[
\text{Profit} = \frac{\text{Selling Price} - \text{Cost Price}}{\text{Cost Price}} \times 100
\]
Updated On: Apr 17, 2025
- 1,620
- 1,740
- 1,800
- 1,920
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The Correct Option is C
Solution and Explanation
Let the cost price of the article be \( C \) and selling price be \( S \).
From the information, the profit percentage can be used to form equations. Solve the system of equations to find the cost price \( C \), and then calculate the total cost for 12 articles.
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