a wedding album sold at a profit of 9% year old rupees 1170 more than when it is sold at a loss of 9% find the cost price of the wedding album
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Statement of the given problem,
An article sold at a profit of 5% yields Rs 60 more than when sold at a loss of 15%. What was its cost price?
Let C denotes the required cost price of the given article.
Hence from above data we get following relation,
(1 + 5/100)*C - (1 - 15/100)*C = 60
or (20/100)*C = 60
or C = 5*60 = 300 (Rs) [Ans]
Answered by
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Answer:
Let C denotes the required cost price of the given article.
Hence from above data we get following relation,
(1 + 5/100)*C - (1 - 15/100)*C = 60
or (20/100)*C = 60
or C = 5*60 = 300 (Rs).
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