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aleksley [76]
2 years ago
7

An item was sold at a loss of 20%. Had it been sold for Rs 3000more then the profit would have been 10%. What is the cost price

of the item.
Plz help

Ans;10000
Mathematics
1 answer:
vagabundo [1.1K]2 years ago
3 0

Answer:

Cost Price = Rs 10000

Step-by-step explanation:

Assume:

Cost of the item = x

Item was sold at a loss of 20%:

Loss = 20% of x = 0.2x

Item sold = x - 0.2x = 0.8x

Item sold at a profit of 10%:

Profit = 10% of x = 0.1x

item sold = x + 0.1x = 1.1x

Solve:

Difference = 1.1x - 0.8x = 0.3x

0.3x = Rs 3000

x = Rs 3000 ÷ 0.3

x = Rs 10000

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