A man sold a cow at a loss of 7%. Had he
been able to sell it at a gain of 9%, it would
have fetched Rs. 80 more than it did. What
was the cost price?
Answers
In the Above Question , the following information is given -
A man sold a cow at a loss of 7%.
Had he been able to sell it at a gain of 9%, it would have fetched Rs. 80 more than it did .
To find -
Find the cost price of the cow .
Solution -
Let us assume that the cost price of the cow is Rs. X .
Now , the condition is -
If he sold the cow at a gain of 9% , he will gain Rs. 80 more than what he will get if he sells at a loss of 7% .
So,
=> 109% of x - 93% of x = 80
=> 1.09x - 0.93 x = 80
=> 0.16 x = 80
=> [ 16 / 100 ] x = 80
=> [ 1 / 100 ] x = 5
=> x = Rs. 500 .
This is the required cost price of the cow .
Answer
Given ,
A man sold a cow at a loss of 7%. Had he been able to sell it at a gain of 9%, it would have fetched Rs. 80 more than it did
Let the cost price of cow be x
ACQ ,
So , Cost Price of cow is Rs . 500