Question

The loss incurred by selling a good for ₹ 560 is ₹50 more than the profit earn by selling good for ₹ 720. Find out the cost prize of the good

Answer 1

Answer:

The loss incurred by selling a good for ₹ 560 is ₹50 more than the profit earn by selling good for ₹ 720. Find out the cost prize of the good

Solution :-

Let the profit earned by selling the good at ₹720 x

So , C.P = 720 - x

In other case the loss is given as 50 more than the profit in first case . So , loss is x + 50 and CP = 560 + x + 50

Now ,

[ We have calculated to find CP ]

C.P = 665 Rupees

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Some formula :-

Profit % = Profit/Cost Price × 100

Loss % = Loss / Cost Price × 100

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