Profit and Loss
Problem
A shopkeeper sells an item at a 15% loss. If he had sold it for ₹180 more, he would have made a profit of 10%. Find the cost price of the item.
Solution
Let CP = x
SP at 15% loss = 0.85x
SP at 10% profit = 1.10x
Difference = 1.10x - 0.85x = 0.25x = 180
x = 180/0.25 = 720