the gain on selling an articles for Rs 9600 is twice than the loss on selling the same article for Rs 6600 .what is the C.p. of the article
Answers
Step-by-step explanation:
Diif of sp1 and sp2 is 3
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The cost price of an article is Rs. 7600 when selling an item for Rs 9600 results in a gain that is twice as large as selling it for Rs 6600.
Given that,
Selling an item for Rs 9600 results in a gain that is twice as large as selling it for Rs 6600 results in a loss.
We have to find what is the article's Cost price.
We know that,
Assume that the article's cost price is CP and that the loss is L.
The profit of the article = 2L
Then
CP + 2L = 9600
CP = 9600 - 2L -----------> equation(1)
Now,
CP - L = 6600
CP = 6600 + L ------------>equation(2)
By equating the equations
9600 - 2L = 6600 + L
L + 2L = 9600 - 6600
3L = 3000
L = 1000
Then CP = 6600 + 1000 = 7600
Therefore, The cost price is Rs. 7600.
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