A toywas sold at a gain of 12% If it had been sold for 33 more, the gain would have been 14% Finde
cost price of the tov
Discount
Answers
- A toy was sold at a gain of 12% .If it had been sold for 33 more, the gain would have been 14%.
- The cost price
Now, it has been sold for 12% profit, so it is sold at:
=> (1 + (12/100))x = 1.12x
given that if it had been sold for 33₹ more. I.e. if it had been sold at. 1.12x + 33
Net gain would have been 14%.
So gain of 14%, means the cost to be (1+(14/100))x = 1.14x
And basically both 1.12x +33 and 1.14x are final costs, so
1.14x = 1.12x + 3
=> 1.14x - 1.12x = 3
=> 0.02x = 3
=> x = 3÷0.02
=> x= 1650₹
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A toy was sold at a gain of 12% .If it had been sold for 33 more, the gain would have been 14%.
The cost price
Now, it has been sold for 12% profit, so it is sold at:
=> (1 + (12/100))x = 1.12x
given that if it had been sold for 33₹ more. I.e. if it had been sold at. 1.12x + 33
Net gain would have been 14%.
So gain of 14%, means the cost to be (1+(14/100))x = 1.14x
And basically both 1.12x +33 and 1.14x are final costs, so
1.14x = 1.12x + 3
=> 1.14x - 1.12x = 3
=> 0.02x = 3
=> x = 3÷0.02
=> x= 1650₹
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