A person gains 10% of selling an item. If he had sold it for Us. 132 less he would have incurred 12% loss. The cost price of the item is?
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Answers
Answered by
1
Answer:
Let CP=x
in case I
SP= x*110/100=11x/10
in case II
SP=x*88/100
ATQ
110x/100-88x/100=132
22x/100=132
x=600
Step-by-step explanation:
Answered by
2
Answer:
let CP be x
SP be y
profit% = (y-x)/x × 100
10 = (y-x)/x × 100
=> 1/10 = (y-x)/x
=> x = 10y - 10x
=> 10y - 11x = 0
=> 20y - 22x = 0 ...............(1)
if SP = y-132
loss% = [x - (y-132)] / x × 100
12 = (x-y+132)/x × 100
=> 3/25 = (x-y+132)/x
=> 3x = 25x - 25y + 3300
=> 25y - 22x = 3300 .............(2)
(2) - (1)
=> 25y - 20y = 3300
=> y = 3300/5 = 660
substitute value of y in equation (1)
=> 20(660) - 22(x) = 0
=> 13200 - 22(x) = 0
=> x = 600
therefore, cost price was Rs.600
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