a wedding album when sold at a profit of 9% yield ₹ 1170 more that when it is sold at a loss of 9 %. find the cost price of weddings albums.
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Answer:
answer is 6500 rupees
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Answer:
Let the CP of a weeding album be 100x
Then,
SP of weeding album with 9% profit will be:
SP = 100x + 9x = 109x. ...........(i)
Now, Similarly
if it is Sold at a loss of 9 %
Then,
SP = 100x - 9x = 91x ..................(ii)
Now, A/Q : When the product is sold at 9% profit it yields(earns) 1170 more than when it was sold at a loss of 9 %.
which means, 1170 is the total difference between 9% profit to 9% loss
Numerically,
109x -91x = 1170
18x = 1170
x = 65
Therefore, CP (100x) = 65×100 = 6500. Answer.
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