by selling an article for rupees 96 a man gains as much percent as its cost price .find the costprice of the article
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Answer:
Let the cost price of article be Rs x
Profit will also be x%
given, selling price isRs96
As per given problem,
Profitpercant=
Costprice
Profit
×100
x=
x
Profit
×100
⇒x
2
=(Sellingprice−Costprice)×100
⇒x
2
=(96−x)×100
⇒x
2
+100x−9600=0
⇒x
2
+160x−60x−9600=0
⇒x(x+160)−60(x+160)=0
⇒(x−60)(x+160)=0
x=60orx=−160
hence value of x will be 60 as it is positive number. cost of artice is Rs60
Cost of one dozen of such article will be (12*60)=Rs 720
Step-by-step explanation:
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