(ii) A businessman bought some items for rs 2000. He kept 10 items for himself and
sold the remaining at a profit of rs 25 per item. From the amount he received in this
deal, he could buy 15 more items. Find the original price of each item.
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Given,
The cost of the items bought by the businessman = ₹ 2000
The number of items he kept for himself = 10
The profit he earned per each item he sold = ₹ 25
The number of items he could buy with the profit = 15
To find,
Calculating the original price of each item.
Solution,
We can solve the given problem by using the following process.
Let the original price of each item =
The total number of items bought using ₹ 2000
The number of items sold
The selling price of each item
Now,
The formula to find the roots of a quadratic equation is as follows,
Hence, the original cost of each item = ₹ 40
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