sanjay sold an article at a loss of 25 percent if the selling price had been increased by rs 175.there would have been gain of 10 percent. what should be the cost price of an article

The cost price is Rs.500

Explanation:

I'll approach this question by taking the statements in the question, one after the other

Let the cost price be represented by CP

From the first statement:

Sanjay made a loss of 25%

The selling price (SP) is as follows;

Convert percent to fraction

Get decimal equivalent

From the second statement:

If the selling price was increased by 175%, Sanjay would make a profit of 10%

Hence; The new selling price is

The selling price can also be calculated from the profit

Convert percent to fraction

Get decimal equivalent

Equate both values of SP (SP = SP)

Collect Like Terms

Divide both sides by 0.35

Hence, the cost price is Rs.500

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