a man sold a book at a loss of 20%. if he had sold the book 12 rupees more he would have gained 10%. find the cost price of the book.
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The answer will be 40 .
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GivEn :
- SP (Loss %) = 20 %
- If he had sold the book at Rs 12 then he would have gained 10 %.
To find :
- Cost price of the book = ?
Formula usEd :
To solve this question you need to know the imp. formulas related to SP and CP !!
Here,
• G% = Gain Percentage
• L% = Loss Percentage
• CP = Cost Price
• SP = Selling Price
Let's proceed to the question now !!
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SoluTion :
Let us assume that x be the Cost Price of the book,
According to Selling Price formula ,
⠀━━━━━━━━━━━━━━
As it is given that, if he had sold the book at Rs 12 then he would have gained 10 %.
So,
Therefore, the Cost Price(CP) of the book is Rs 40 .
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