Let's solve this step by step:

Step 1: Let's assume the cost price of the article is Rs. x.

Step 2: According to the problem, the person sold the article for a 30% profit. So, the selling price of the article is 130% of x, which is 1.3x.

Step 3: The problem also states that if the person had bought the article for 10% less, the cost price would have been 90% of x, which is 0.9x.

Step 4: If he sold the article at 20% profit after buying it for 10% less, the selling price would have been 120% of 0.9x, which is 1.2*0.9x = 1.08x.

Step 5: According to the problem, this selling price is Rs. 330 less than the original selling price. So, we can set up the equation 1.3x - 1.08x = 330.

Step 6: Solving this equation gives x = 330 / 0.22 = Rs. 1500.

So, the cost price of the article is Rs. 1500.

Question

Let's solve this step by step:

Step 1: Let's assume the cost price of the article is Rs. x.

Step 2: According to the problem, the person sold the article for a 30% profit. So, the selling price of the article is 130% of x, which is 1.3x.

Step 3: The problem also states that if the person had bought the article for 10% less, the cost price would have been 90% of x, which is 0.9x.

Step 4: If he sold the article at 20% profit after buying it for 10% less, the selling price would have been 120% of 0.9x, which is 1.2*0.9x = 1.08x.

Step 5: According to the problem, this selling price is Rs. 330 less than the original selling price. So, we can set up the equation 1.3x - 1.08x = 330.

Step 6: Solving this equation gives x = 330 / 0.22 = Rs. 1500.

So, the cost price of the article is Rs. 1500.

Knowee AI · Accepted Answer

Let's solve this step by step:

Step 1: Let's assume the cost price of the article is Rs. x.

Step 2: According to the problem, the person sold the article for a 30% profit. So, the selling price of the article is 130% of x, which is 1.3x.

Step 3: The problem also states that if the person had bought the article for 10% less, the cost price would have been 90% of x, which is 0.9x.

Step 4: If he sold the article at 20% profit after buying it for 10% less, the selling price would have been 120% of 0.9x, which is 1.2*0.9x = 1.08x.

Step 5: According to the problem, this selling price is Rs. 330 less than the original selling price. So, we can set up the equation 1.3x - 1.08x = 330.

Step 6: Solving this equation gives x = 330 / 0.22 = Rs. 1500.

So, the cost price of the article is Rs. 1500.

A person sold an article for 30% profit, If he had Bought it for 10% less he would have reduced price by Rs.330 and earns a profit of 20%. What is the cost price of an Article?

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