The cost price of an article is Rs. x. Taking x% profit on it,it was sold for Rs 24. Find the cost price?
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Lets assume the cost price of the article =x
So, Loss %=x%
SP =24 Rs
So, Loss %=
CP
CP−SP
×100
⇒x=
x
x−24
×100
⇒x
2
=−2400+100x
⇒x
2
−60x−40x+2400=0
⇒(x−60)(x−40)=0
⇒x=60 or 40
your answer contain both value that is 40 and 60.
hope it helps you
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