Maithli purchased a Walkman from her friend. She then sold it for . Had it been sold for , the gain would have been of the former loss. What is the cost of the Walkman?
Compute the required value:
Let the cost value of the Walkman is .
When loss occurred,
Loss
When profit occurred,
Profit
Given: The gain would have been of the former loss.
So,
Hence the cost of the Walkman is .