The profit earned by a book seller by selling a book at a profit of 5% is Rs 15 more than when he sells it at a loss of 5%.Find the cost price of the book
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Answer:
Step-by-step explanation:
let Cost price of the book is 'x'
so. selling price of book at 5%profit = (x+5x)/100 = (100x+5x)/100 = 105x/100
selling price of book at 5%loss = (x-5x)/100 = (100x-5x)/100 = 95x/100
equate both
105x/100 = 95x/100 = 15
10x/100 = 15
10x = 1500
x = 1500/10
x = 150
the seling price of book if Rs. 150
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