A storekeeper sell a book at 15%gain. had he sold it for 18 more, he would have gained 18%.find the cost price of the book
plzz answer it step by step
Answers
cost price of the book = Rs 600 if sold for rs 18 more than 15% gain , gain is 18%
Step-by-step explanation:
Simpler way 3 % extra gain ( 18% - 15% ) on selling for Rs 18 more
=> 3 % profit = Rs 18
=> Cost Price = Rs 600
Detailed
Let say Cost Price = Rs C
storekeeper sell a book at 15%gain.
=> Gain = (15/100)C = 0.15C
Selling Price with 15% gain = C + 0.15C = 1.15C
Sold for Rs 18 more
=> Selling Price = 1.15C + 18
Gain = 1.15C + 18 - C
= 0.15C + 18
Gain = 18 %
100 * (0.15C + 18)/C = 18
=> 15C + 1800 = 18C
=> 3C = 1800
=> C = 600
Cost Price of Book = Rs 600
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Answer:
The Cost price is Rs.600.
Step-by-step explanation:
Given :
A storekeeper sell a book at 15%gain.
He sold it for 18 more, he would have gained 18%.
To Find :
The cost price of the book.
Solution :
Let the CP of book be x.
Now,
A store keeper sells a book at 15% gain .
So,
Now,
He would have gained 18%
So,
According to question,
∴ The cost price is Rs.600.