Question
A person sold two goods for Rs. 80 each. One item was sold
at a loss of 10% and the other at a gain of 20%. Find the approximate difference between the cost prices of both items.Solution
ATQ,
Let CP of gain article = x, and loss article = y
x = 80 / 1.2 = 66.67
y = 80 / 0.9 = 88.89
Required difference = 88.89 – 66.67 = Rs. 22.22 or Rs.22
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