A person sells an article at a profit of 10% If he had bought it at 10% less and sold it for 3 dollars more ,he would have gained 25%.Find the Cost price.
My solution is
120
I derived to the solution by fraction method let $x$ be the cost price Actual selling price is $(110/100) x$ Supposed cost price $x(90/100)$. Supposed selling price is $x(90/100) (125/100)$.
so $$ x(110/100)+3=x(90/100)(125/100) $$
so
$$ x=120 $$