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?
Q1. 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?
Answer: Rs. 1500
Explanation: The extra 7% profit equals Rs. 105, so CP = 105/0.07 = Rs. 1500.