Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Experience the convenience of finding accurate answers to your questions from knowledgeable professionals on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

A man sold an article for Rs. 840 at a loss of 16%.

(a) Find the cost price of the article.
(b) Find the cost price of 10 such articles.
(c) If he had sold at a profit of 16%, what would be the selling price of the article?


Sagot :

Sure, let's solve this step by step.

### (a) Find the cost price of the article.

1. Given:
- Selling price (SP) of the article = Rs. 840
- Loss percentage = 16%

2. To find the cost price (CP) when there is a loss:
[tex]\[ \text{CP} = \frac{\text{SP}}{(1 - \text{Loss Percent}/100)} \][/tex]

3. Plugging in the values:
[tex]\[ \text{CP} = \frac{840}{(1 - 16/100)} \][/tex]
[tex]\[ \text{CP} = \frac{840}{0.84} = 1000 \][/tex]

So, the cost price of the article is Rs. 1000.

### (b) Find the cost price of 10 such articles.

1. Since the cost price of one article is Rs. 1000, the cost price of 10 articles would be:
[tex]\[ \text{CP}_{10} = 1000 \times 10 = 10000 \][/tex]

So, the cost price of 10 such articles is Rs. 10000.

### (c) If he had sold at a profit of 16%, what would be the selling price?

1. Given:
- Profit percentage = 16%
- Cost price (CP) = Rs. 1000

2. To find the selling price (SP) when there is a profit:
[tex]\[ \text{SP} = \text{CP} \times (1 + \text{Profit Percent}/100) \][/tex]

3. Plugging in the values:
[tex]\[ \text{SP} = 1000 \times (1 + 16/100) \][/tex]
[tex]\[ \text{SP} = 1000 \times 1.16 = 1160 \][/tex]

So, if he had sold the article at a profit of 16%, the selling price would be Rs. 1160.