CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

a man sold an article for Rs 495 and gained 10% on it find the cost of the article

Open in App
Solution

Dear student

Let the C.P of the article be Rs x
The 10% of x = 10/100 * x = x/10
Therefore the Selling Price = x + x/10
A/q,
=> Selling price = 495
=> x + x/10 = 495
=> (10x + x)/10 = 495
=> 11x/10 = 495
=> 11x = 4950
=> x = 4950/11
=> x = 450
So, the Cost Price (CP) of the article = Rs x = Rs 450

Regards

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Forfeiture of Shares
ACCOUNTANCY
Watch in App
Join BYJU'S Learning Program
CrossIcon