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A person sells T.V. at 25% profit. If he...

A person sells T.V. at 25% profit. If he gets profit equal to 25% S.P. then he would gain (5% of C.P. + 80 Rs) more. Find C.P. of T.V.?

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To solve the problem, let's denote the Cost Price (C.P.) of the TV as \( x \). 1. **Calculate Selling Price (S.P.) with 25% Profit:** The selling price when the person sells the TV at a 25% profit can be calculated as: \[ S.P. = C.P. + 25\% \text{ of } C.P. = x + 0.25x = 1.25x \] 2. **Determine Profit Equal to 25% of S.P.:** According to the problem, if the profit is equal to 25% of the selling price, we can express this as: \[ \text{Profit} = 25\% \text{ of } S.P. = 0.25 \times S.P. = 0.25 \times 1.25x = 0.3125x \] 3. **Set Up the Equation with Additional Profit:** The problem states that this profit (0.3125x) is equal to the original profit (which is 25% of C.P. = 0.25x) plus an additional \( 5\% \text{ of } C.P. + 80 \text{ Rs} \): \[ 0.3125x = 0.25x + 0.05x + 80 \] 4. **Combine Like Terms:** Combine the terms on the right side: \[ 0.3125x = 0.25x + 0.05x + 80 \implies 0.3125x = 0.30x + 80 \] 5. **Isolate the Variable:** Now, let's isolate \( x \): \[ 0.3125x - 0.30x = 80 \implies 0.0125x = 80 \] 6. **Solve for C.P.:** To find \( x \), divide both sides by 0.0125: \[ x = \frac{80}{0.0125} = 6400 \] Thus, the Cost Price (C.P.) of the TV is \( \text{Rs } 6400 \).
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ADVANCED MATHS BY ABHINAY MATHS ENGLISH-PROFIT & LOSS-Questions
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