The profit 6

A man sells an article at a profit of 20%. If he had bought it at 20% less and sold for $5 less, he would have gained 25%. Find the cost price of the article.

Correct answer:

a =  25 USD

Step-by-step explanation:

r1=100%+20%=1+10020=1.2 r2=100%20%=110020=0.8 r3=25%=10025=41=0.25  CP1 = a SP1 = 1.2a  CP2 = 0.80a SP2 = 1.2a5 P2 = r3   CP2 = 0.25 0.80a  1.2a50.8a=0.25 0.80a  1.2 a50.8 a=0.25 0.80 a  0.2a=5  a=0.25=25  a=25=25 USD



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