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Question

Maithli purchased a Walkman from her friend. She then sold it for RS.90. Had it been sold for RS.105, the gain would have been 14of the former loss. What is the cost of the Walkman?


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Solution

Compute the required value:

Let the cost value of the Walkman is x.

When loss occurred,

Loss=x-90

When profit occurred,

Profit=105-x

Given: The gain would have been 14of the former loss.

So, 105-x=14(x-90)

420-4x=x-90

5x=420+90

x=102

Hence the cost of the Walkman is Rs.102.


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