A man purchased 10 pens.He sold 5 pens at 25 percent profit and the remaining 5 pens at 16 2/3 percent loss ,if he recieved Rs 625 inn total,find the cost price of each pen
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no.of pens=10
cp of i pen=x cp of 5 pens =5x
profit.A=25% of c.p= 0.25*5x=1.25x
profit= sp -cp
or, 1.25x=sp-5x
sp=6.25x
2nd condition
loss . amount= 0.833x
loss=cp -sp
or,0.833x=5x-sp
sp=4.17x
sp1+sp2=625
or,6.25x+4.17x=625
x=59.98 or 60
cost price of i pen is Rs 60
Hope it helps you
no.of pens=10
cp of i pen=x cp of 5 pens =5x
profit.A=25% of c.p= 0.25*5x=1.25x
profit= sp -cp
or, 1.25x=sp-5x
sp=6.25x
2nd condition
loss . amount= 0.833x
loss=cp -sp
or,0.833x=5x-sp
sp=4.17x
sp1+sp2=625
or,6.25x+4.17x=625
x=59.98 or 60
cost price of i pen is Rs 60
Hope it helps you
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