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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.

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Algebra

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