a tradesman sold his wares at a loss of 10% .if he had sold for 45 rupees more,he would have gained 5% .find the cost price?
I need complete process.
Answers
Answered by
1
Step-by-step explanation:
Correct option is
B
Rs. 400
Let the cost price =Rs.x
Loss =20%
Loss =
100
20
×x =
5
x
Now, SP=CP−Loss=x−
5
x
=
5
4x
If SP was Rs 100 more,
New SP=
5
4x
+100
Profit =5% of CP =
100
5
×x=NewSP−CP
Profit =
20
x
=
5
4x
+100−x
20
20x−16x+x
=100
5x=2000
x=Rs.400
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