A businessman bought some items for rs 7500.he kept 5 items for himself and sold the remaining items at profit of RS 30 per item . from amount received in this deal he could buy 4 more items find the original price of each item
Answers
Answered by
15
hey mate!
No. of items bought = x
Price per item = y
Total amount paid = x * y = xy = 7500
y = 7500 / x
Total items sold = (x - 5)
Price of each item = (y + 30)
Total revenue received = (x - 5) * (y + 30)
Since he can buy 4 more items from his revenue
(x - 5)(y + 30) - 7500 = 4 * y
(x - 5)[(7500/x) + 30] - 7500 = 4y
(x - 5)[(7500 + 30x) / x ] - 7500 = 4y
(x - 5)(7500 + 30x) - 7500x = 4xy
7500x + 30x² - 37500 - 150x - 7500x = 4xy
30x² + 7500x - 150x - 7500x - 37500 = 4(7500)
30x² - 150x - 37500 - 30000 = 0
30x² - 150x - 67500 = 0
30 (x² - 5x- 2250) = 0
x² - 5x - 2250 = 0
x = -45 , +50 (Solving quadratic equation)
Since cost cannot be negative, so x = 50 which is the number of items bought.
The price per item = 7500/50 = 150
Answered by
24
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