Ram sold an article to mohan at 10% gain and mohan sold it to shyam at 10% loss.if shyam paid ₹990 for the article,find: (i) C.P and S.P of the article for mohan (ii) S.P and C.P of the article for ram
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Question:-
Ram sold an article to mohan at 10% gain and mohan sold it to shyam at 10% loss.if shyam paid ₹990 for the article,find:
- (i) C.P and S.P of the article for mohan
- (ii) S.P and C.P of the article for ram
Required Answer:-
Given:-
- Ram sold an article to Mohan at 10% gain.
- Mohan sold the article to Shyam at 10% loss.
- Shyam paid ₹ 990 for the article.
To Find:-
- C.P and S.P of the article for mohan
- S.P and C.P of the article for ram
Solution:-
As, Shyam bought the article from Mohan and paid ₹990,
- Mohan's selling price (S.P.) = ₹990
Now, we are given that Mohan sold the article at 10% loss.
We know that:-
- Cost price (C.P.) = {100/(100 - loss%)} × S.P.
Here we have:-
- Loss = 10%
- Selling price (S.P.) = ₹990
Substituting the values:-
- C.P. -> {100/(100 - 10)} × 990
- C.P. -> (100/90) × 990
- C.P. -> 1100
Hence, Mohan's S.P. is ₹990 and C.P. is ₹ 1100
Again,
As, Mohan bought the article from Ram,
- Ram's selling price S.P. is ₹1100
We are given that Ram sold the article at 10% gain.
We know that:-
- Cost price (C.P.) = {100/(100 + gain%)} × S.P.
Here we have:-
- Gain = 10%
- Selling price (S.P.) = ₹1100
Substituting the values:-
- C.P. -> {100/(100 + 10)} × 1100
- C.P. -> (100/110) × 1100
- C.P. -> 1000
Hence, Ram's S.P. is ₹1100 and C.P. is ₹1000
Final Answers:-
- Mohan's S.P. is ₹990 and C.P. is ₹ 1100
- Ram's S.P. is ₹1100 and C.P. is ₹1000
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