Home
Class 14
MATHS
An article is sold at a loss of 10%. Had...

An article is sold at a loss of 10%. Had it been sold for Rs. 9 more, there would have been a gain of 12 .5 % on it. The cost price of the article is :

A

Rs. 40

B

Rs. 45

C

Rs. 50

D

Rs. 35

Text Solution

AI Generated Solution

The correct Answer is:
To find the cost price (CP) of the article, we can follow these steps: ### Step 1: Define the Cost Price Let the cost price of the article be \( X \). ### Step 2: Calculate Selling Price at 10% Loss If the article is sold at a loss of 10%, the selling price (SP) can be calculated as: \[ SP = CP - (10\% \text{ of } CP) = X - 0.1X = 0.9X \] ### Step 3: Calculate Selling Price at 12.5% Gain If the article is sold for Rs. 9 more, it results in a gain of 12.5%. The selling price in this case can be calculated as: \[ SP = CP + (12.5\% \text{ of } CP) = X + 0.125X = 1.125X \] ### Step 4: Set Up the Equation According to the problem, selling the article for Rs. 9 more results in the selling price being: \[ 0.9X + 9 = 1.125X \] ### Step 5: Rearrange the Equation Now, we can rearrange the equation to isolate \( X \): \[ 1.125X - 0.9X = 9 \] \[ 0.225X = 9 \] ### Step 6: Solve for Cost Price To find \( X \), divide both sides by 0.225: \[ X = \frac{9}{0.225} \] \[ X = 40 \] ### Conclusion The cost price of the article is \( \text{Rs. } 40 \). ---
Promotional Banner

Similar Questions

Explore conceptually related problems

An article is sold at a loss of 10%. Had it been sold for Rs.90 more, there would have been a gain of 5%. The original sale price of the article (inRs. ) is

An article is sold at a loss of 10%. Had it been sold for 90 more, there would have been a gain of 5%. The original sale price of the article is—

An article was sold at a loss of 12% If it was sold for Rs. 360 more, then there would have been a gain of 6%. Find the cost price of the article.

An articale was sold at a loss of 12%. If it was sold for Rs 630 more, then there would have been a gain of 6%. Find the cost price of the article.

An article was sold at a loss of 15%. If it was sold for Rs.1,035 more, then there would have been a profit of 8%. Find the cost price of the article.

A machine is sold at a profit of 10% Had it been sold for Rs. 40 less, there would have been a loss of 10% . What was the cost price ?

An article is sold at 10% loss. Had it been sold for Rs 30 more, the loss would have been 5% only. What is the cost price of the article ?