by reducing the selling price of an article by rupees 50 a gain of 5% it turns into a loss of of 5% find the original selling price of the article?
Answers
Question -
By reducing the selling price of an article by Rs 50 gain of 5% it turns into a loss of 5%,find the original selling price of the article?
Solution -
Let Rs x be the cost price and Rs y be the selling price of the article
We know that,
Gain= S. P - C. P
= y- x
Now,
By putting the values we will get
When the selling price of the article is reduce by Rs 50 then,
We know that,
Loss = C. P - S. P
= x - y1
Now,
By putting the values we will get -
Hence, Cost price of the article is Rs 500
Answer:
Let Rs x be the cost price and Rsy be the the selling price of the
article.
we know that
Gain%=(
C.P
Gain×100
)
∴5%=(y−x)×
x
100
⇒x=20(y−x)
⇒x=20y−20x
⇒x+20x=20y
⇒21x=20y
⇒y=
20
21x
When the selling price of the article is reduce by Rs50 then the
new selling price of article =Rs(
20
21x
−50)
we know that
Loss%=(
C.P
loss×100
)
5=[
x
x−{
20
21x
−50}
]×100
⇒x={
20
x−21x
+50}×20
⇒x=[
20
{20x−21x+1000}
]×20
⇒x=−x+1000
⇒x+x=1000
⇒2x=1000
So, the cost price of article is Rs500
The original selling price y=
20
21x
=
20
21×500
y=525
The original selling price is Rs 525