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15. Chitra sold an iron at 5% profit to Anwar, whohad to sell it at 10% loss to Madhu. If Madhubought the iron for * 3780, for how much didChitra buy it? |
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Answer» Answer: Let the original cost PRICE (CP) be X. Selling price (SP) for Shyam (Shyam buying) =x(p100+1) where p is the profit percentage. Selling price for Mohan =x(p100+1)(p100+1) Selling price for RAKESH =x=(1−0.36)×x(p100+1)(p100+1) ⟹(p+100)2=100000.64 ⟹p+100=1000.8=125 ⟹p=25% |
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