Scholarship Exam Preparation App
Class 6 - (Math )
Applied Mathematics - Profit - Loss
An item is first sold at a profit of 25%. If the same item had been sold at a loss of 20%, the difference in selling price would have been Rs.900. What is the purchase price?
a :
1500
b :
1800
c :
2000
d :
2200
Explanation :
Difference = 45% of CP ⇒ 900 = 0.45CP ⇒ CP = 2000.