Question

Asifchacha sold a toy at 5 percent profit. If the cost price of the toy is less by 20 percent and selling price is less by rupees 34,then Asifchacha would make a 10 percent profit. Let us calculate the cost price of the toy

Answer 1

Answer:

Let the cost price of the toy be Rs. x

5% of x = (5/100)*x

= x/20

Selling price = Rs. x + x/20

= Rs. 21x/20

If the cost price is less than by 20%

Then cost price will be

= Rs. x - (20/100)*x

= x - x/5

= Rs. 4x/5

Selling price = Rs. 21x/20 -34

Profit = Rs. 21x/20 - 34 - 4x/5

10% profit of 4x/5 = (10/100)*(4x/5)

= 2x/25

A/ c ,

21x/20 -34 - 4x/5 = 2x/25

or, 21x/20 -4x/5 - 2x/25 = 34

or, (105x -80x - 8x)/100 = 34

or, 17x/100 = 34

or, x = (34*100)/17

or, x = Rs. 200

Therefore the cost price of the toy is Rs. 200.

Step-by-step explanation:

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