Sushma sells an article at a loss of 12%. If she had sold it for 50.80 rupees more than she would have earned a profit of 8%. Find the cost of the article.plz send the ans fast guys
hi,
suppose the cost price of article is x rs.
susma sells it 12% loss, so the selling price is = x-x*12%= x-12x/100= 88x/100.
now if he would sell it for 8% profit, than the selling price would be x+x*8%=108x/100.
now,
(88x/100) + 50.80 = 108x/100.
solve the above equation, you can get the value of x which is the cost price of the article.