if 5% more is gained by selling an article for rupees 350 than by selling it for rupees 340 , then the cost of the article is:
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Answered by
6
Step-by-step explanation:
let cost price of article be x rs .
According to question
Answered by
5
Answer:
Step-by-step explanation:
CP = ( SP * 100 ) / ( 100 + percentage gain ).
here two cases,
case 1, when selling price is 340 rupees , let gain percentage be x
cp= (340* 100)/ (100+ x).........1
case 2, when selling price is 350 rupees ,let gain percent be x+ 5
(if 5% more is gained by selling an article)
cp=( 350* 100) / (100+ 5+x).........2
from 1 and 2
(340* 100)/ (100+ x)=( 350* 100) / (100+ 5+x)
=34( 105+x)= 35(100+x)
= 3570-3500=x
= 70=x= gain percent
CP = ( SP * 100 ) / ( 100 + percentage gain ).
cp=(340* 100)/ (100+ x)
= 200 rs
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