By selling a sewing machine a trader makes a profit of 15%. Had it been sold for ₹ 120 more, the profit

June 2023 1 2 Report

By selling a sewing machine a trader makes a profit of 15%. Had it been sold for ₹ 120 more, the profit would had been 20%, Find its cost price.

Step-by-step explanation:

let the price of sewing machine be x

according to question,

5℅of x=120

5/100×x=120

x/20=120

x=120×20

x=2400