Amalbabu has sold a picture at 20% loss. But he made a profit of 5 % if he sold it with ₹200 more. Let us calculate and observe the cost price of the picture he has bought.
Please help me
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Answered by
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let x be cost price of product
he sold it for 20% loss
lence selling price is x-(20/100)x
if he had sold it for 5% profit then he can make 200/- more
hence x+(5/100)x=200+(x-(20/100)x)
hence from this we get cost price of product as 800
Rengee:
thank you so much
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