Question

a toy was sold at a gain of 12%. if it had been sold for rs 33 more, the gain would have been 14%. find the cost price of the day.​

Answer 1

Answer:

Given -:

a toy was sold at a gain of 12%. if it had been sold for rs 33 more, the gain would have been 14%. find the cost price of the day.

To find -:

Find the cost price of the toy.

Solution -:

Let the C.P will be Rs. x.

• Selling price = x + x × 12%

= x + x × (12/+100)

= 1.12 x

• Current selling price = Rs. 1.12x + 33 = 14 %

= x + x × 14%

= x + x × (14/100)

= 1.14x

= 1.12x + 33 = 1.14x

= 1.12x - 1.14x = 33

= 0.02x = 33

= 2x / 100 = 33

= 50x = 33

= x = 50×33

= 1,650

Thus,the cost price of toy is Rs. 1,650.