6. By selling a jug, Madhav suffered a loss of 6%.
If he had sold it for 14.30 more he would have made a profit of 5%. What is the C.P. of the jug?
Answers
Gɪᴠᴇɴ :-
- Initial Loss = 6%
- If SP is Rs.14.30 More, Profit = 5% .
Tᴏ Fɪɴᴅ :-
- CP of the Jug. ?
Sᴏʟᴜᴛɪᴏɴ :-
Let us Assume That, CP of the Jug is Rs.100x.
Than,
→ CP = 100x
→ Loss = 6%
→ SP = [ CP * (100 - Loss%) / 100 ]
→ SP = [ 100x * 94 / 100 ]
→ SP = Rs.94x .
when SP is increased Rs.14.30 .
→ New SP = Rs.(94x + 14.3) --------- Equation (1)
_____________
Now, Again,
→ CP = 100x
→ Gain = 5%
→ New SP = [ CP * (100 + Profit%) / 100 ]
→ New SP = (100x * 105) / 100
→ New SP = Rs.105x ------------ Equation (2) .
______________
Comparing Both Equation Now , we get,
→ 105x = 94x + 14.3
→ 105x - 94x = 14.3
→ 11x = 14.3
→ x = 1.3
Hence,
→ CP of Jug = 100x = 100 * 1.3 = Rs.130 (Ans.)
Therefore, Cost Price of Jug is Rs.130.
Answer:
Rs. 130....
Step-by-step explanation:
GIVEN:-
Initial loss = 6%
If SP is Rs 14.30 more, profit = 5%
TO FIND:-
C.P. of the jug = ?
SOLUTION:-
Let CP of the jug be 100x
So,
CP = 100x
Loss = 6%
SP = {CP × (100 - Loss %) /100}
SP = 100x × 94/100
When SP is increased Rs. 14.30
New SP = Rs. (94+14.30) ________________(1)
Now CP = 100x
Gain = 5%
New SP = { CP × (100+Gain%)/100}
New SP = { 100 x × 105}/100
New SP = 105x ______________________(2)
Comparing both the equations we get,
105x = 94x + 14.3
105x - 94x = 14.3
11x = 14.3
x = 1.3
Hence, CP of the jug = 100x = 100× 1.3 = Rs. 130
So, CP of the jug = Rs. 130 Answer....