Shikha sold a towel at a loss of 10% . If she had sold it for ₹15 more, she would have made a profit of 10%.What is C. P. of the towel?
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Let the cost price of the towel = x
Shikha sold the towel at a loss of 10%.
So the sell price of the towel is
=x-10x/100
=x-x/10
= 9x/10
Now according to the condition,
Sell price+15 = cost price+10% profit
So the algebraic equation is like ,
9x/10 + 15 = x + 10x/100
\frac{9x + 150}{10 } = \frac{100x + 10x}{100}
10
9x+150
=
100
100x+10x
9x + 150 = \frac{110x}{10}9x+150=
10
110x
90x+1500 = 110x
110x-90x = 1500
20x = 1500
x=1500/20
x=75
The coost price of the towel is 75.
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