Applied Mathematics - Profit - Loss
When an item is sold for Rs.60, the profit is 1/5 of the purchase price. What is the purchase price?
A
₹ 50
B
₹ 48
C
₹ 55
D
₹ 45
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