a man out to book for Rs 1040 he sold one at loss of 15% and other at a profit of 36% then he found that it book was sold for the same price and the cost of each book
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Answer:
Total selling price = 1040
From given question,
Selling price are same for two books
Therefore selling price of one book = 1040/2 => 520
First Book:
Sold at loss of 15 %
=>15%=[(cp-sp)/cost price]100
Second Book :
Sold at profit of 36%
=> 36%=[(sp-cp)/cost price]100
Since sp = 520
15% = [(cp-520)/cp]*100
36% = [(520-cp)/cp]*100
First Book:
(15/100)cp = (cp -520)*100
15 cp/100 = 100cp - 52000
15 cp = 10000 cp - 5200000
10000cp-15cp = 5200000
9985cp=5200000
cp = 5200000/9985 = 520.781
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