Saved Bookmarks
| 1. |
A Merchant Sold An Article At 10% Loss. If He Had Sold It Rs 450 More,8% Would Have Been Gained On The Cost Price. Find The Cost Price? |
|
Answer» LET the cost price be 100%. It is SOLD at 10% loss. So it is sold at 90% of the cost price. 90 % of the cost price + 450 = 108% of the Cost price 18% of the cost price = RS 450 Cost price of the book = 450/18 x 100 = Rs 2500. Let the cost price be 100%. It is sold at 10% loss. So it is sold at 90% of the cost price. 90 % of the cost price + 450 = 108% of the Cost price 18% of the cost price = Rs 450 Cost price of the book = 450/18 x 100 = Rs 2500. |
|