1.

An article was sold for Rs 8400 thereby gaining 2/5 of the CP. Find the CP

Answer»

Answer:

Selling price of each bullock = ₹ 8400. , gain(r) on ONE bullock = 20%.

C.P/S.P = 100/(100+r).

C.P./8400= 100/(100+20). Or. C.P. = 8400×(100/120)= ₹ 7000.

Let C.P. of other bullock =₹ x. There is NEITHER loss nor gain , therefore:-

TOTAL C.P. = total S.P.

₹ 7000 + ₹ x. = ₹8400 + ₹ 8400.

or, x = 16800–7000 = ₹ 9800. , thus , loss on other bullock=₹(9800-8400)=₹1400.

Loss % = 1400×100/9800 = 100/7 % or, 14.29 %. Answer.



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