if an article is sold at a loss of 25.6% instead of a loss of 12.8% than the seller gets rs 18.5 loss .what is the c.p.of the article?
Answers
Answer: Let the Cost Price (C.P) be Rs x and then at 8% of profit. Selling Price(S.P) would be : Gain % = C.P. (S.P−C.P).
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CP of the article is Rs. 144.53
Given:
n article is sold at a loss of 25.6% instead of a loss of 12.8% than the seller gets rs 18.5 loss
To find:
what is the CP of the article?
Solution:
We have been given difference between two losses
Let the CP be x
First we will calculate loss when loss% is 25.6%
Loss = Loss%/100 * CP
= 25.6/ 100 * x
= 256x/1000
Now, we will calculate loss for second situation
Loss = Loss%/CP * 100
= 12.8/100 * x
= 128x / 1000
Now, we have been given the difference between both the losses
256x/1000 - 128x/1000 = 18.5
(256x - 128x)/1000 = 18.5
128x = 18.5 * 1000
128x = 18500
x = 18500/128
= 144.53
Hence, the answer is Rs. 144.53
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