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Gyanendra sold article at 25% profit Ifh...

Gyanendra sold article at 25% profit Ifhe buys it is Rs 600 less and sells it in Rs 600 less then earn 5% more profit. Find the original C.P.

A

Rs 3600

B

Rs 4000

C

Rs 5000

D

Rs 5600

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step-by-step, let's break it down: ### Step 1: Understand the given information Gyanendra sold an article at a profit of 25%. If he buys it for Rs 600 less and sells it for Rs 600 less, he earns 5% more profit. ### Step 2: Define the variables Let the original cost price (C.P.) be \( 4x \). Then, the selling price (S.P.) at 25% profit can be calculated as: \[ \text{S.P.} = \text{C.P.} + \text{Profit} = 4x + 0.25 \times 4x = 4x + x = 5x \] ### Step 3: Calculate the new cost price and selling price If he buys the article for Rs 600 less, the new cost price becomes: \[ \text{New C.P.} = 4x - 600 \] If he sells it for Rs 600 less, the new selling price becomes: \[ \text{New S.P.} = 5x - 600 \] ### Step 4: Calculate the new profit percentage The new profit percentage is 5% more than the original 25%, which is: \[ \text{New Profit %} = 25\% + 5\% = 30\% \] This means: \[ \text{New Profit} = 30\% \text{ of New C.P.} = 0.30 \times (4x - 600) \] ### Step 5: Set up the equation for new profit The new selling price can also be expressed in terms of the new cost price and new profit: \[ \text{New S.P.} = \text{New C.P.} + \text{New Profit} \] Substituting the values: \[ 5x - 600 = (4x - 600) + 0.30 \times (4x - 600) \] ### Step 6: Simplify the equation Expanding the right side: \[ 5x - 600 = (4x - 600) + (1.2x - 180) \] Combining like terms: \[ 5x - 600 = 4x + 1.2x - 600 - 180 \] \[ 5x - 600 = 5.2x - 780 \] ### Step 7: Rearranging the equation Rearranging gives: \[ 5x - 5.2x = -780 + 600 \] \[ -0.2x = -180 \] \[ x = \frac{-180}{-0.2} = 900 \] ### Step 8: Calculate the original cost price Now, substituting \( x \) back to find the original cost price: \[ \text{Original C.P.} = 4x = 4 \times 900 = 3600 \] ### Final Answer The original cost price is Rs 3600. ---
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