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Discussion :: Profit and Loss

  1. If an article is sold at 19% profit instead of 12% profit, then the profit would be Rs. 105 more. What is the cost price?
    2. A.
    Rs. 1505
    B.
    Rs. 1510
    C.
    Rs. 1500
    D.
    Rs. 1490
    E.
    None of these

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    Answer : Option C

    Explanation :

    Let the cost price of an article be Rs. x.

    (19% of x) - (12% of x) = 105

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