a man sells a book at a profit of 20%. If he had bought it at 20% less and sold it for 60
Less he would have gained 25%. Find the cost price of the book.
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Step-by-step explanation:
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Step-by-step explanation:
let cost price of the book =Rs100
then selling price would be Rs125
new cp @20percent less = Rs80
new sp @30percent profit =30/100×80
=Rs104
now the difference between the two selling price =125-104=Rs21
when difference is 21 then cp is Rs100
when difference is 1050 then cp=100×1050/21
=Rs5000
hence the cp of article is Rs5000/-
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