Rahul sold calculator at a gain of 8% had he sold it for rupees 90 more he would have gained 12% find the cost price of calculator
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Answer:
Rs 1500
Step-by-step explanation:
Let the cost price of the calculator be X.
Selling price after profit of 8%is X+(8/100)X
=1.08X.
Again if profit is 12% then selling price is
=X+(12/100) X =1.12X
According to question,
1.12X-1.08X = 90
0.04X = 90
X = (90/0.04) = 1500
Thus the cost price of the calculator is Rs 1500.
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