a dealer sells a toy for ₹21 and loses as much percent as the cost of the toy. find the cost of the toy
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Step-by-step explanation:
Cost price = Rs 70
or
Cost price = Rs 30
Step-by-step explanation:
Let the cost price = C
Selling price = Rs 21
Percentage Loss = ( \frac{C-21}{C} ) X 100%
but percentage loss = Cost price = C
=> ( \frac{C-21}{C} ) X 100 = C
on cross multiplication
C^{2} = 100C - 2100
=> C^{2} - 100C - 2100 = 0
=> C² - 70C - 30C - 2100 = 0
=> ( C - 70 )( C - 30 ) = 0
=> C = 70 or C = 30
⇒ Cost price = Rs 70 or Rs 30
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