a man sold a book at a loss of 20% if he had sold the book for 12 rupees more he would have gained 10% find the cost price of the book
Answers
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:
So, by using the formula, we get
The S.P. of the book =
Now, if the man had sold the book for Rs. 12 more then he would have made a profit of 10%, so accordingly we can form an equation as,
Thus, the cost price of the book is Rs. 40.
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