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Ram sold to Shyam an article with 20% profit. Shyam sold same article for Rs. 504 with 5% profit to Ghanashyam. How much did it cost for Ram?
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Answer:

Rs 400 is the cost of an article for Ram.....

Step-by-step explanation:

X - cost of an article for Ram

120% = 1.2

1.2*X - Ram’s selling price

5% = 0.05

1.2*X*0.05 - Shyam selling price

1.2*X*0.05 = 504

X = Rs 400 is the cost of an article for Ram

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