while selling an article for RS 264 the profit percentage equal the cost price of the article in rupees find the cost price of article
Answers
profit% =Cp
let artical price be x
nd gain =y
so x=y
si let it be 2 y
2y= 264
y= 132.
so, cp=120
nd profit% =120%
seller will sell it at 264.
The cost price of the article = Rs. 120
Given :
While selling an article for Rs. 264 the profit percentage equal the cost price of the article in rupees
To find :
The cost price of the article
Solution :
Step 1 of 2 :
Form the equation to find the cost price of the article
Let cost price of the article = Rs. C
Now it is given that selling an article for Rs. 264 the profit percentage equal the cost price of the article in rupees
By the given condition
Step 2 of 2 :
Calculate the cost price of the article
C + 220 = 0 gives C = - 220
C - 120 = 0 gives C = 120
Since cost price of the article can not be negative
∴ C ≠ - 220
∴ C = 120
Hence cost price of the article = Rs. 120
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