sujitwagle29
Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

in both subject now A man sells an article at loss of 15% But if he had charged Rs30 more He would have made profit of 5% What is CP?​

Sagot :

fathimabintahamed

Answer: ₹ 140.25

Step-by-step explanation:

Let the cost price of the article be ₹100.

Then, selling price at a loss of 15 % = 100 - 15 = ₹85

Selling price for a gain of 9 % = ₹109

Difference between the two selling prices =

₹109 - ₹85 = ₹24

If the difference is ₹24, cost price = ₹100

If the difference was ₹30.60, cost price =

100 * 30.60 /24 = ₹127.50

Therefore, for making a gain of 10 % on cost price, he should have sold the item for ₹127.5 * 110 / 100

Check:

Cost Price = ₹ 127.50

Selling price at a loss of 15 % = ₹ 127.50 * 85 / 100

= ₹108.38

If he had sold it for ₹30.60 more, then, selling price

= ₹108.38 + ₹30.60 = ₹138.98

%Profit at this selling price ( ₹138.98) =

(138.98 - 127.50) * 100 / 127.50 = 11.48 * 100 / 127.50

= 9.00% ✓

Selling price for 10 % profit = 127.50 * 110 / 100

= ₹140.25 ✓

We appreciate your time. Please come back anytime for the latest information and answers to your questions. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.