A businessman bought some items for rs 7500 . he kept 5 items for himself and sold the remaining items at a profit os rs 25 per item. from the amount received he could buy 6 more items. find the original price of each item?
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First, let the total number of items he bought originally be x
So the profit he got will be 25(x-5) since he kept 5 items for himself.
The profit he got is enough for him to to buy 6 more items which is
So you can create an equation like this
Solving this quadratic equation, you will get 45 or -40. Since x is the number of items he bought, we can reject -40.
So the total number of items he bought is 45.
The original cost of each item will be 7500/45 = 166.67 (or
So the profit he got will be 25(x-5) since he kept 5 items for himself.
The profit he got is enough for him to to buy 6 more items which is
So you can create an equation like this
Solving this quadratic equation, you will get 45 or -40. Since x is the number of items he bought, we can reject -40.
So the total number of items he bought is 45.
The original cost of each item will be 7500/45 = 166.67 (or
wchow:
Sorry... typing mistake at the end, it should be 166 2/3
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