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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?
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| 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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