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# Algebra/Maths-Profit and loss

Question
C.P. of two articles is the same ,but they differ in their SP by Rs 60 .If difference in the profit is 12%.Find the CP of the articles

The closing price is the same, but the differ in sales price by Rs 60.
This difference is a difference of 12% in the profit of each.

Lets say one makes x%.
This means the other makes (x+12)%.
The difference is sales price is Rs 60.

Thus an increase in 12% is the same as an increase in Rs 60.
That means 1% is Rs 5.
That means 100% is Rs 500, and that is the closing price of either item.

This means that if one sold at Rs 600, the more expensive would sell at Rs 660.

Algebra

Volunteer

#### Scott A Wilson

##### Expertise

Any algebraic question you've got. That includes question that are linear, quadratic, exponential, etc.

##### Experience

I have solved story problems, linear equations, parabolic equations. I have also solved some 3rd order equations and equations with multiple variables.

Publications
Documents at Boeing in assistance on the manufacturiing floor.

Education/Credentials
MS at math OSU in mathematics at OSU, 1986. BS at OSU in mathematical sciences (math, statistics, computer science), 1984.

Awards and Honors
Both my BS and MS degrees were given with honors.

Past/Present Clients
Students in a wide variety of areas since the 80's; over 1,000 of them have been in algebra.