document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=767351>Question 767351</A>: <I><SPAN STYLE=\"word-break: break-all;\"> respected sir 1] a man sold an article at a profit of 25% . if he had bought for 20% less and sold for rs 63 less, he would have gained 30%. what is the cost price of article? <BR>\n" );
document.write( "please reply as soon as possible...<BR>\n" );
document.write( "thank you..<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #467612 by </B><A HREF=/tutors/aboutme.mpl?userid=htmentor><B>htmentor(1343)</B></A><img src=\"/images/stars/stars-12.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=htmentor><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=htmentor><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=467612\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let P = the purchase price<BR>\n" );
document.write( "Let S = the selling price<BR>\n" );
document.write( "Since the article was sold for a 25% profit we have<BR>\n" );
document.write( "S = 1.25P<BR>\n" );
document.write( "If he had bought it for 20% less, the price would have been 0.8P<BR>\n" );
document.write( "If sold for 63 less, the selling price would have been S - 63, and at this price he would have made a 30% profit<BR>\n" );
document.write( "In equation form, this is:<BR>\n" );
document.write( "S - 63 = 1.3*0.8P<BR>\n" );
document.write( "Substitute the 1st equation in the 2nd:<BR>\n" );
document.write( "1.25P - 63 = 1.3*0.8P<BR>\n" );
document.write( "Solve for P:<BR>\n" );
document.write( "1.25P - 1.04P = 63<BR>\n" );
document.write( "0.21P = 63<BR>\n" );
document.write( "P = 300<BR>\n" );
document.write( "So the original price was 300<BR>\n" );
document.write( " </SPAN>\n" );
document.write( "</TD></TR></TABLE>\n" );