solve questions number 12
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Answer:
Step-by-step explanation:
Loss = 1/5 * CP
CP = 176 = 1/5*CP
= 176 + 0.2CP
CP= 220
when sold for 250, Gain = 30
Gain %= 30/220 *100 = 13.63%
Answered by
1
Solution:
SP = ₹176
Loss = 1/5 × CP
Since it is loss, so CP>SP
Also loss = CP - 176
Then according to the given conditions, we get
CP - 176 = 1/5 × CP
or 5CP - 880 = CP
or 4CP = 880
Therefore, CP = ₹220
Now, if he sells @ ₹250,
Then profit = 250 - 220 = ₹30
Profit % = 30/220 × 100 = 13.63%
Hence If the man sells the article @ ₹250 he gets a Profit of 13.63%.
SP = ₹176
Loss = 1/5 × CP
Since it is loss, so CP>SP
Also loss = CP - 176
Then according to the given conditions, we get
CP - 176 = 1/5 × CP
or 5CP - 880 = CP
or 4CP = 880
Therefore, CP = ₹220
Now, if he sells @ ₹250,
Then profit = 250 - 220 = ₹30
Profit % = 30/220 × 100 = 13.63%
Hence If the man sells the article @ ₹250 he gets a Profit of 13.63%.
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