A. man sold. a book. at. a loss. of. 20% If he. had. sold. for. rs 12 more he. would. have. gained. 10% find. the. cost. prive of. the. book . please. send. this. answer. fastly
Answers
Answered by
1
Step-by-step explanation:
Given:
A man sold a book at a loss of 20%
If he had sold the book for Rs. 12 more then he would have gained 10%
To find:
The cost price of the book
Solution:
Let "x" represent the cost price of the book.
The formula used to calculate the S.P. is as follows:
s.p = 100 + gain% / 100 × c.p
s.p = 100 - loss % / 100 × c.p
Now s.p = 100 - 20 / 100 × x
= 80 / 100 × x
= 0.8 x
Now if the man had sold the book for Rs.12 more than he would have a profit of 10% so accordingly we can form the equation as
0.8x + 12 =(( 100+10)/100)×x
0.8x + 12 =(110/100)×x
12 =1.1x - 0.8x
0.3x = 12
x = 40
Thus, the cost price of the book is Rs. 40.
Similar questions