A man bought a certain number of pens and sold them at a gain of x%. Had he sold at a loss of x%, he would
have lost Rs.x when compared to the selling price for a gain of x%. Which of the following statements is true?
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Given :-
- A man bought a certain number of pens and sold them at a gain of x%.
- Had he sold at a loss of x%, he would have lost Rs.x when compared to the selling price for a gain of x%.
Solution :-
Let us Assume that, Total money man spend on buy pens is Rs.100 .
Case 1) when he sold them at a gain of x%.
Than,
→ CP = Rs.100
→ Gain = x %
→ SP = CP * (100 + Gain%) / 100
→ SP = 100 * (100 + x)/100
→ SP = Rs.(100 + x).
Case 2) . when he sold them at a loss of x%.
Than,
→ CP = Rs.100
→ Loss = x %
→ SP = CP * (100 - Loss%) / 100
→ SP = 100 * (100 - x)/100
→ SP = Rs.(100 - x).
Now, we have given that, he would have lost Rs.x when compared to the selling price for a gain of x%.
So,
→ SP of gain - SP of Loss = Rs.x
→ (100 + x) - (100 - x) = x
→ 100 - 100 + x + x = x
→ 2x = x
which is Not Possible.
Hence, we can conclude that, from given data , their is no value of x which satisfy the given condition.
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