Question

The difference between a gain of 15% and loss of 9% is 768 .what is the cost price of the item under consideration here

Answer 1

115%-91%=778
24%=778
100%=778*100/24
=778*25/6
=256*25/2
=128*25
=640

Answer 2

The cost price of the item is 12800

Step-by-step explanation:

Let the cost price be x

Gain% = 15%

Gain = 15\%x = 0.15x

Loss% = 9%

Loss = 9\%x = 0.09x

The difference between a gain of 15% and loss of 9% is 768 .

So,$0.15x-0.09x=768$

$0.15x-0.09x=768$

$0.06x=768$

$x=\frac{768}{0.06}$

x=12800

Hence The cost price of the item is 12800

#Learn more:

The difference between compound interest and simple interest on a sum for 2 years at 8% p.a. Rs 768. find the sum

https://brainly.in/question/1957483