Question

25. A man sells his type writer at 5%
loss. If he sells it for 80 more, he
will gain 5%. The cost price of the
type writer is
(1) 1600
(2) 1200
(3) 1000 (4) 800​

Answer 1

Answer:

The answer is 4) 800

Step-by-step explanation:

This can be solved by using a simple equation form.

(105/100)x=(95/100)x+80.

Here x is the cost price.

It is given that if it is sold at 5percent gain(i.e.,105percent of cost price) then it is 80 more than selling at 5percent loss(i.e., 95percent of cost price).

This can be expressed as,

(105/100)x=(95/100)x+80

=>[(105-95)/100]x=80

=>(10/100)x=80

=>x=800.

i.e.,Cost price is 800.