By selling a toy for Rs. 119, the shopkeeper gained as much percent as its cost.
calculate the cost price of the toy?
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Answer:
Rs. 70
Step-by-step explanation:
Let us say that the Gain% and C.P. = x.
Then, Gain = 119 - x
Gain % = (119 - x)/x × 100 = x
(119 - x)/x × 100 = x
x^2 = 100(119 - x)
x^2 = 11900 - 100x
x^2 + 100x - 11900 = 0
x = 70 [Using Quadratic Formula]
Look the formula up on internet. It is very long to write.
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