Leela sold her gold necklace at a profit of 7 percent.. if she had sold it for rs. 294 more she would had got a profit of 10 percent. find the cost price. full solutions please.
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Solution;-
Let the cost price of the necklace be 'x' Rs.
The selling price at 7 % = x + (x*7/100)
= x + 7x/100
= 107x/100
And,
Selling price at 10 % profit = x + (x*10/100)
= x + 10x/100
= 110x/100
Now, according to the question.
110x/100 - 107x/100 = 294
3x/100 = 294
3x = 294*100
x = 29400/3
x = 9800
So, the cost price of the necklace is Rs. 9800.
Answer.
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Answer:
Cost price is ₹9800.
I hope this would be helpful for you....
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