Question
Two goods, R and S, are sold at 30% profit and 15% loss
respectively. If the cost price of S is Rs. 240 and the overall profit is Rs. 24, find the cost price of R.Solution
ATQ, Let the cost price of R be Rs. x. ATQ; (x × 1.30) + (240 × 0.85) = x + 240 + 24 Or, 1.30x + 204 = x + 264 Or, 0.30x = 60 So, x = 200 Therefore, the cost price of R is Rs. 200.
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