chinmoy sold his radio set at 10% loss. if he had sold it for rs. 45 more he would have made 5% profit
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Let CP is x
Sp = 90%of x (because of 10%loss)
Now if he had sold 45/- more,
Then 90%x + 45/- then the profit will be 5% or (105%x)
Or 90%x + 45/- = 105%x
(90x + 4500) / 100 = 105x / 100
Cancelling 100 from denominator
We get,
90x + 4500 = 105x
Or, 15 x = 4500
X = 300.
Or Cp is 300/-
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