An product is sold at a loss of 10%. Had it been sold for Rs. 9 more, there would have been a gain of 12 1/2% on it. The cost price of the product is

1 Answer

Answer :

Let the cost price of the product = Rs. x

S.P. at 10% loss

= x×90/100= Rs. 9x/10

S.P. at 12 1/2 % gain

x × (100+12 1/2)/100 = Rs. 225x/200

9x/10 + 9 = 225x/200

180x + 1800 = 225x

x = Rs. 40

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