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ICSE Class 8 Answered

The profit earned on selling an article for Rs625 is the ssme as the loss on selling it for Rs435.Find the CPand the profit% in the first case and the loss% in the second case
Asked by Selina_jeyaraj | 11 Jul, 2018, 10:13: PM
answered-by-expert Expert Answer
begin mathsize 16px style According space to space the space Conditions comma
Cost space price space equals space 625 space minus space straight x space space... left parenthesis straight i right parenthesis
Cost space price space equals space 435 space plus space straight x space space... left parenthesis ii right parenthesis
rightwards double arrow space 625 space minus space straight x space space equals 435 space plus space straight x space
rightwards double arrow negative 2 straight x space equals space minus 190
rightwards double arrow straight x space equals space 95
Subtituting space straight x space equals space 95 space comma space in space left parenthesis straight i right parenthesis space and space left parenthesis ii right parenthesis comma space we space get
Cost space price space equals space 530
First space Case colon
Profit space equals 95
Profit space percent sign space equals space fraction numerator Profit over denominator Cost space Price space end fraction space cross times space 100 space equals space 95 over 530 space cross times space 100 space equals space 17.92 percent sign
Second space Case colon
Loss space equals space 95
Loss space percent sign space equals space fraction numerator Loss over denominator Cost space Price space end fraction space cross times space 100 space equals space 95 over 530 space cross times space 100 space equals space 17.92 percent sign
end style
Answered by Yasmeen Khan | 12 Jul, 2018, 04:01: PM
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