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Question:  

By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80 less, he would have been losing 10%. What is the cost price?



July 07, 2005 05:37:09 #9
 nimmi   Member Since: Visitor    Total Comments: N/A 

RE:

By selling a product a seller is gaining 10% on selling price. If he sells that product Rs.80


 
(100+gain%):SP =(100-loss%):(SP-80) 
solving SP=440. 
CP=100*440/(100+10)=(100*440)/110=400. 
therefore cost price =Rs.400 
     

 

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