If an article is sold at rs.29 and profit made on it is half the loss made when article is sold at rs.20. What is original price
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SP1=29
SP2=20
CP=?
given that
profit on SP1=1/2 of loss on SP2
SP1-CP=1/2(CP-SP2)
2*SP1-2CP=CP-SP2
3CP=2SP1+SP2
CP=(2SP1+SP2)/3
CP=(2*29+20)/3=RS 26(Ans.)
SP2=20
CP=?
given that
profit on SP1=1/2 of loss on SP2
SP1-CP=1/2(CP-SP2)
2*SP1-2CP=CP-SP2
3CP=2SP1+SP2
CP=(2SP1+SP2)/3
CP=(2*29+20)/3=RS 26(Ans.)
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