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.
1 answer:
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
You might be interested in
Do you have any answer choices?
If im correct it will be 8.5
Answer:
Step-by-step explanation:
This was answered in question #24217201. It's the exact same question, but you forgot to put what parts A and B are. The answers and the work are there.
X0, y0 is the constraints of the system. Hope this helps! ;)
