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?

A. Rs. 1505
B. Rs. 1510
C. Rs. 1500
D. Rs. 1490
E. None of these

Explanation:

Let the cost price of an article be Rs. x.

(19% of x) – (12% of x) = 105
19x/100 – 12x/100 = 105 => 7x = 105 * 100
=> x = 1500
Cost price = Rs. 1500

Correct Answer: Rs. 1500 ✔

Last Updated: February 07, 2020