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Mahesh sells two articles of cost price x each. He made a profit of 20% on the first article and a loss of 12% on the second article. Find x if his total selling price is Rs.124.8.1). 672). 583). 484). 60 |
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Answer» We know that, Selling price (SP) = Cost price (CP) + PROFIT(or) SP = CP - Loss Selling price of 1st article = x + 20% of x = x + 0.20x = 1.20x Selling price of 2nd article = x-12% of x = x-0.12x = 0.88x ⇒ 1.20x + 0.88x = 124.8 ⇒ 2.08x = 124.8 ⇒ x = 124.8/2.08 = Rs. 60 ∴ x = Rs. 60 |
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