A dealer sells an article for rupees 75 and gains as much per cent as the cost price of the article. Find the cost price of the article
Answers
Answer:
Step-by-step explanation:
selling price of article is 75 rs
cost price =?
gain percent=?
cost price = sp*100/(100+ pecent profit)
x=7500/100+x
100x + x² =7500
x² + 100x - 7500 = 0
now u can find x
THANK YOU
Selling price of article = Rs. 75
Cost price of the article = Rs x
The cost price of the article.
Given that, the selling price is Rs. 75
Let us consider the cost price to be x
So, gain price= x%
According to the question,
Therefore, the cost price of the article is Rs. 50
➺ The price at which an article is purchased, is called its cost price (C.P.)
➺ Price at which an article is purchased is known as its selling price (S.P.)
➺ If S.P. is greater than C.P. then the seller is said to have profit or gain.
➺ If S.P. is less than C.P. the seller is said to have incurred Loss.
✦ Gain = SP – CP
✦ Loss = CP – SP