## A product is sold at a profit of 25% on buying price. If the selling price is reduced by Rs. 12.5, the new profit is 20%. What is the buying

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## Answers ( )

Given :A product is sold at a profit of 25% on buying price.selling price is reduced by Rs. 12.5, the new profit is 20%.

To find :buying priceSolution:Let say Buying Price = Rs C

Profit 25 %

Profit = (25/100)C = 0.25C

Selling Price = C + 0.25C = 1.25C

selling price is reduced by Rs. 12.5,

New Selling Price = 1.25C – 12.5

New Profit = (20/100)C = 0.2C

New Selling Price = C + 0.2C = 1.2C

1.25C – 12.5 = 1.2C

=> 0.05C = 12.5

=> 5C = 1250

=> C = 250

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