A man sold his cow for rs 7920 and gained 10% the cow was bought for
Answers
Answer:
the cow was bought for Rs.7200
Step-by-step explanation:
SP=7290
profit %=10
If he had a profit of 10% then:
SP- 10% of CP = CP
let CP=x
SP-10/100 * CP=CP
7920- x/10= x
(79200-x)/10= x
79200-x=10x
79200=11x
x=79200/11
x=7200
answer: the cow was bought for Rs.7200
Given : A man sold his cow for rs 7920 and gained 10%
To find : The price at which the cow was purchased.
Solution :
We can simply solve this mathematical problem by using the following mathematical process. (our goal is to calculate the purchasing price of the cow)
Let, the cow's purchasing price = Rs. x
He gained 10% while selling the cow. Which means, he got a profit of 10% while selling the cow.
Now,
Profit amount will be :
= Purchasing price × 10%
= x × 10%
= x × 10/100
= Rs. x/10
Selling price will be :
= Purchasing price + Profit amount
= x + (x/10)
= (10x + x)/10
= Rs. 11x/10
According to the data mentioned in the question,
11x/10 = 7920
x = 7920 × 10/11
x = 7200
So, the purchasing price of the cow = Rs. x = Rs. 7200
(This will be considered as the final result.)
Hence, the cow was purchased at Rs. 7200