.. ) A man sells an article at a gain gain of 50% if he had sold it at 63 less, he would have lost 20%.find the cost price of the article.
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1
Answer:
If he had sold it at rupees 63 less ,he would have lost 20%. Hence, Selling price - 63 = cost price - 20% of cost price. Hence, cost price of the article is ₹90.
Answered by
3
Answer:
Step-by-step explanation:
Let the Cost price be x
So, the selling price = {(100+Gain percentage)×Cost price}/ 100
= 150x/100
If he would have sold it at Rs63 less, then the selling price would have been:
Selling price = {(100-Loss percentage)×Cost price}/ 100
= 80x/100
Now equation can be formed as:
150x/ 100 - 63 = 80x/ 100
= 150x/ 100 - 80x/ 100 = 63
= 70x/ 100 = 63
= x = 63×100/70
= x = Cost Price = Rs. 90
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