Loss incurred by selling an article for Rs 800 is
23% more than profit gained by selling same
article for Rs 1246 Find the cost price of this
article?
Answers
Step-by-step explanation:
Loss unsecured by selling an article = ₹800
Profit gained =23%
sold it for ₹1246
CP =?
NOW,
x−800=1246−x+23100(1246−x)x−800=1246−x+23100(1246−x)
2x=2046+23100(1246−x)2x=2046+23100(1246−x)
200x=204600+28658−23x200x=204600+28658−23x
223x=233258223x=233258
x=1046x=1046
Question :-
Loss incurred by selling an article for Rs 800 is
23% more than profit gained by selling same article for Rs 1246 Find the cost price of this article?
Solution :-
Let x be the cost price of the article.
The loss incurred by selling it for Rs 800 is x - 800, and that loss is 23% more than the profit gained by selling it for Rs 1246, where the profit is 1246 - x; hence, we can write the following equation to solve for x, thereby finding the cost price of the article:
Multiple both sides by 100
The cost price of that article is 1046₹.
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