What is the actual price of an item if the profit from selling it for Rs.30 is equal to the loss for Rs.20?
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Answer:
20 is the answer if u are from icse then check in the maths text book back side
Answered by
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Answer:
Sp = 30
loss = ruppes 20.
Cp = ?
So , Sp + loss
= rupees 50.
So , The Cp of an item is Rupees 50.
Cause , After selling the item for Rupees 30 ,
the loss occurred is ruppes 20 .
For finding the Cp (Cost Price) ,
We need to (+) Sp (Selling price) + (Loss).
Step-by-step explanation:
These formulas may be helpful,
1. For finding the SP :-
Selling price = (cost) + (desired profit margin).
2. For finding CP :-
Add together the labor cost, the components cost, the tools cost, the marketing costs and the overhead cost. {100/(100 + Profit%)} × SP.
3. For finding Loss after Sp :-
Loss = C.P. – S.P. (C.P.> S.P.)
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