13. Ram sold an article to Mohan at 10% gain and Mohan sold it to Shyam at 10% loss. If Shyam paid ₹990 for the
article, find
(i) C.P. and S.P. of the article for Mohan, (ii) S.P. and C.P. of the article for Ram.
(if anybody knows please type full explanation)
Answers
Step-by-step explanation:
Ashok purchased a radio set at Rs. 600
Let's see how it happens,
Let's solve it in a reverse manner,
Shyam had sold radio set at Rs. 675 (Mohan paid Rs. 675 means definitely it will be CP of Mohan and SP of Shyam) by incurring loss of 10%.
Note:
Loss = (1-SP/CP)*100
Profit = (SP/CP-1)*100
CP - Cost Price SP - Selling Price
Here, Shyam incurred a loss. So,
10 =(1–675/CP)*100
So, on solving we get CP = 750
Here, it's a CP of Shyam, which means it will be the SP of Ashok.
We know that, Ashok sold it to the Shyam at a profit of 25%. (SP = 750)
25 = (750/CP-1)*100
So, on solving we get CP = 600.
Question:-
Ram sold an article to mohan at 10% gain and mohan sold it to shyam at 10% loss.if shyam paid ₹990 for the article,find:
- (i) C.P and S.P of the article for mohan
- (ii) S.P and C.P of the article for ram
Required Answer:-
Given:-
- Ram sold an article to Mohan at 10% gain.
- Mohan sold the article to Shyam at 10% loss.
- Shyam paid ₹ 990 for the article.
To Find:-
- C.P and S.P of the article for mohan
- S.P and C.P of the article for ram
Solution:-
As, Shyam bought the article from Mohan and paid ₹990,
- Mohan's selling price (S.P.) = ₹990
Now, we are given that Mohan sold the article at 10% loss.
We know that:-
- Cost price (C.P.) = {100/(100 - loss%)} × S.P.
Here we have:-
- Loss = 10%
- Selling price (S.P.) = ₹990
Substituting the values:-
- C.P. -> {100/(100 - 10)} × 990
- C.P. -> (100/90) × 990
- C.P. -> 1100
Hence, Mohan's S.P. is ₹990 and C.P. is ₹ 1100
Again,
As, Mohan bought the article from Ram,
- Ram's selling price S.P. is ₹1100
We are given that Ram sold the article at 10% gain.
We know that:-
- Cost price (C.P.) = {100/(100 + gain%)} × S.P.
Here we have:-
- Gain = 10%
- Selling price (S.P.) = ₹1100
Substituting the values:-
- C.P. -> {100/(100 + 10)} × 1100
- C.P. -> (100/110) × 1100
- C.P. -> 1000
Hence, Ram's S.P. is ₹1100 and C.P. is ₹1000
Final Answers:-
- Mohan's S.P. is ₹990 and C.P. is ₹ 1100
- Ram's S.P. is ₹1100 and C.P. is ₹1000