Jainy Electronics Sold a calculator at a Profit
of 5% instead
a loss of 5% and got Rs.11 More.
Find the cost price of the calculator.
Answers
Given info : Jainy Electronics sold a calculator at a prifit of 5 % instead a loss of 5 % loss and got Rs. 11 more.
To find : The cost price of the calculator is ..
solution : case 1 : let the cost price of calculator is 100 Rs.
profit = 5 % of CP = 5/100 × 100 = 5 Rs.
so SP = Profit + CP = 5 + 100 = 105 Rs.
case 2 : loss = 5 % of CP = 5 % of 100
= 5/100 × 100 = 5 Rs.
SP = CP - loss = 100 - 5 = 95 Rs.
The difference in sold price, SP = 105 - 95 = 10 Rs.
if the difference of sold price is 10 Rs then cost price is 100 Rs.
if the difference of solid price is 11 Rs then cost price = 100/10 × 11 = 110 Rs.
Therefore the cost price of calculator is 110 Rs.
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