A shopkeeper sold a laptop at a gain of 20%. Had it been sold for 1000 more, the gain would have been 25%. Find the CP of the laptop.
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Step-by-step explanation:
Let say cost Price of the Laptop 100C
Rs
Gain of 20% = (20/100)100C =
Selling Price = 100C + 20C = 120C Rs
if Sold at RS 1000 More than Selling Price = 120C Rs
Gain = 120C + 1000 - => Gain = 20C + 1000
Gain = 25 %
=> 100C = 20C + 1000
=> 25C 20C + 1000
=> 5C = 1000
=> 200
Cost Price of Laptop = 100C = 100 * 200 = Rs 20000
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