(3) Let the cost price of articles be Rs. p. So, the selling price of articles will be, 85% of 60 =
60×(100−15)
100
=
3×85
5
=Rs.51 After offering gift, Selling price of articles become 51 – 3 = Rs. 48. Therefore, cost price is,120% of the selling price, afteroffering gift, that is, Rs. 48; C.P.=