Mohan sold a car at a profit of 10%. If he sold the car for ₹ 51,000 more, the profit would have been 15%. Find the cost price of the car.
Answers
Answer:
1020000
Step-by-step explanation:
let x be the cp
profit earned = 110x/100
if 51000 more profit earned= 115x/100
110x/100 + 51000 = 115x/100
5x/100 = 51000
x = 1020000
Let the cost price of the article be CP. And selling price be SP.
Let the cost price of the article be CP. And selling price be SP.Case 1: Profit%= 10%
Let the cost price of the article be CP. And selling price be SP.Case 1: Profit%= 10%SP= CP+ (10/100)*CP = 11CP/10.
Let the cost price of the article be CP. And selling price be SP.Case 1: Profit%= 10%SP= CP+ (10/100)*CP = 11CP/10.Case 2: Now if she had sold it for RS.45 more, profit% given is 25%.
Let the cost price of the article be CP. And selling price be SP.Case 1: Profit%= 10%SP= CP+ (10/100)*CP = 11CP/10.Case 2: Now if she had sold it for RS.45 more, profit% given is 25%.SP+45= CP + (25/100)*CP
Let the cost price of the article be CP. And selling price be SP.Case 1: Profit%= 10%SP= CP+ (10/100)*CP = 11CP/10.Case 2: Now if she had sold it for RS.45 more, profit% given is 25%.SP+45= CP + (25/100)*CPSP + 45= 5CP/4
Let the cost price of the article be CP. And selling price be SP.Case 1: Profit%= 10%SP= CP+ (10/100)*CP = 11CP/10.Case 2: Now if she had sold it for RS.45 more, profit% given is 25%.SP+45= CP + (25/100)*CPSP + 45= 5CP/4Substitute SP = 11 CP/10 in the above equation.
Let the cost price of the article be CP. And selling price be SP.Case 1: Profit%= 10%SP= CP+ (10/100)*CP = 11CP/10.Case 2: Now if she had sold it for RS.45 more, profit% given is 25%.SP+45= CP + (25/100)*CPSP + 45= 5CP/4Substitute SP = 11 CP/10 in the above equation.You get CP = RS. 300
Let the cost price of the article be CP. And selling price be SP.Case 1: Profit%= 10%SP= CP+ (10/100)*CP = 11CP/10.Case 2: Now if she had sold it for RS.45 more, profit% given is 25%.SP+45= CP + (25/100)*CPSP + 45= 5CP/4Substitute SP = 11 CP/10 in the above equation.You get CP = RS. 300So the price of the article is RS. 300.