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A person sold an article for Rs 136 and ...

A person sold an article for Rs 136 and got 15% loss. Had he sold it for Rs x,he would have got a profit of 15%. Which one of the following is correct?

A

`190 lt x lt 200`

B

`180 lt x lt 190`

C

`170 lt x lt 180`

D

`160 lt x lt 170`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow these calculations: ### Step 1: Understand the given information - Selling Price (SP1) = Rs 136 - Loss = 15% - Selling Price (SP2) = Rs x - Profit = 15% ### Step 2: Calculate the Cost Price (CP) Since there is a loss of 15%, we can express the relationship between SP1 and CP as follows: \[ SP1 = CP \times \left(1 - \frac{Loss}{100}\right) \] Substituting the values: \[ 136 = CP \times \left(1 - \frac{15}{100}\right) \] \[ 136 = CP \times \left(\frac{85}{100}\right) \] To find CP, we rearrange the equation: \[ CP = \frac{136 \times 100}{85} \] ### Step 3: Simplify the Cost Price Calculation Calculating CP: \[ CP = \frac{13600}{85} \] Dividing 13600 by 85: \[ CP = 160 \] ### Step 4: Calculate the Selling Price for Profit Now, we need to find SP2 (which is Rs x) when there is a profit of 15%. The relationship can be expressed as: \[ SP2 = CP \times \left(1 + \frac{Profit}{100}\right) \] Substituting the values: \[ SP2 = 160 \times \left(1 + \frac{15}{100}\right) \] \[ SP2 = 160 \times \left(\frac{115}{100}\right) \] ### Step 5: Simplify the Selling Price Calculation Calculating SP2: \[ SP2 = 160 \times 1.15 = 184 \] ### Step 6: Conclusion Thus, the value of x (SP2) is Rs 184. ### Step 7: Determine the correct option Now, we need to check which option includes the value 184. The options given are: - Option A: 190 - Option B: 180 - Option C: 200 Since 184 lies between 180 and 190, the correct option is **Option B**.
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