d Word Problem 5_ | Job Exam Rare Mathematics (JEMrare) - Solved MCQs

# Word Problem 5_

Problem 5: A dealer sales a shirt and gets a profit of 15%. Had he sold it for Rs 4 more, he would have earned profit of 5% more. What is the cost price of the shirt?

Solution:

Let CP of Shirt =x

Profit =P= 15% of x

So it means by formula;

Now according to condition – if he had sold it for 4 Rs more, i-e with   , he would earn profit of 20% ( 4% more than earlier!)

So, in this case;

CP=x

P= 20 % of x

Again using formula for profit

Taking 100 to LHS

Now ,

put in above;

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