Hence,
a profit of 20%!
16. Two goats were bought at the same cost. One was sold at a profit of 8% and the other was
at a loss of 10%. What is the cost price of each goat
, if the actual difference of the selling
were 1802
wed a profit of 7% and on
Calcu
The fo
Answers
Correct Question:-
Two goats were bought at the same cost.One was sold at the profit of 8% and the other was sold at the loss of 10%. What is the cost price of each goat, if the actual difference of the selling prices were rupees 180.
Answer:-
Let the CP of each goat be Rs. x.
Given:
Profit on first goat = 8%
loss on second goat = 10%
We know that,
CP × (100 + profit%) / 100 = SP
So,
★ SP of first goat = x * (100 + 8) / 100
⟹ SP of first goat = 108x/100
Also,
CP × (100 - loss%) / 100 = SP
So,
⟹ SP of second goat = x * (100 - 10) / 100
⟹ SP of second goat = 90x/100
Again,
Difference between their SP's = Rs. 180
So,
⟹ 108x/100 - 90x/100 = 180
⟹ (108x - 90x) / 100 = 180
⟹ 18x = 180 × 100
⟹ x = 18000/18
⟹ x = Rs. 1000
∴ The CP of each goat is Rs. 1000.
Appropriαte Question :
Two goats were bought at the same cost.One was sold at the profit of 8% and the other was sold at the loss of 10%. What is the cost price of each goat, if the actual difference of the selling prices were rupees 180.
Required Solution :
Given that,
- Profit on first goat = 8%
- loss on second goat = 10%
we have to find the cost price of each goat, if the actual difference of selling prices were ₹180.
___________
To do so,
- let's assume that Cost price is ₹ x.
- we need find the Selling price (S.P.) first.
Therefore, SP of the first goat will be
Also,
Therefore, SP of the second goat will be
Again, the difference between Selling prices is 180.
∴ The CP of each goat is Rs. 1000.
And we are done! :D