A shopkeeper sold a laptop at gain of 20% had it been sold for RS 1,000 more that gain would have been 25% find the CP of the laptop
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A shopkeeper sold a laptop at gain of 20% had it been sold for Rs 1,000 more then 25 % Gain The CP of the laptop = Rs 20000
Step-by-step explanation:
Let say cost Price of the Laptop = 100C Rs
Gain of 20 % = (20/100)100C = 20C Rs
Selling Price = 100C + 20C = 120C Rs
if Sold at RS 1000 More than
Selling Price = 120C + 1000 Rs
Gain = 120C + 1000 - 100C
=> Gain = 20C + 1000
Gain = 25 %
=> (25/100) * 100C = 20C + 1000
=> 25C = 20C + 1000
=> 5C = 1000
=> C = 200
Cost Price of Laptop = 100C = 100 * 200 = Rs 20000
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